文章核心观点 - 过去一个月内,多家央行已经开始降息,这可能预示着美联储未来也将降息,这将成为房地产投资信托(REIT)行业的强大催化剂[3] - 私募股权公司KKR宣布收购一个价值数十亿美元的公寓楼组合,表示现在是投资房地产的"绝佳时机",这对公寓REIT来说是个好消息[4] - 黑石集团表示将继续大量收购REIT,这可能会带来更多的并购活动,为REIT行业带来催化剂[5][6] 行业总结 - 由于利率下降和并购活动增加,REIT行业未来有望获得较好的表现[3][4][5][6] - 一些具体REIT公司,如SBA通信、RCI酒店和Rexford房地产,目前估值较低,有较大的上涨潜力[7][8]

Wall Street expects a year-over-year increase in earnings on higher revenues when Blackstone Inc. (BX) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 18, 2024, might help the stock move higher if these key numbers are better than expec ...

Leonid Sorokin Introduction I doubt I'm breaking any news when I say the era of cheap money is over. The reason I'm bringing this up is that Bloomberg just published a huge article on Blackstone's (BX) $339 billion property arm, as the world's largest real estate investor is moving into riskier assets to find elevated returns. Bloomberg According to the article, Blackstone, which thrived when rates were low and acquisitions were cheap, is facing unprecedented challenges. Simply put, with global central bank ...

文章核心观点 - 公司的办公楼资产受到严重冲击,但通过主动减少办公楼资产比重,公司正在努力应对行业困境 [5][6][7] - 公司的贷款质量仍然存在一定问题,需要持续计提减值准备 [9][10][11] - 公司整体杠杆水平较高,面临较大风险,但相比同行仍有优势 [12][13][14][15] - 公司债券收益率较高,或许是更好的投资机会 [16][17] 根据目录分别总结 公司概况 - 公司是一家拥有100亿美元资产规模的房地产投资信托公司(REIT),主要从事房地产贷款业务 [1][12][13] - 公司的主要资产包括办公楼和公寓贷款,其中办公楼资产占比较高 [5][7] 行业环境 - 美国办公楼市场持续受到严重冲击,公司正在积极减少办公楼资产比重以应对风险 [5][6][7] - 公司贷款质量仍存在一定问题,需要持续计提减值准备 [9][10][11] - 整个房地产贷款行业杠杆水平普遍较高,面临较大风险 [12][13][14][15] 公司表现 - 公司二季度业绩较差,受办公楼市场持续低迷的影响 [4] - 公司正在通过减少办公楼资产比重来应对行业困境 [5][6] - 公司贷款质量仍存在一定问题,需要持续计提减值准备 [9][10][11] - 公司整体杠杆水平较高,面临较大风险,但相比同行仍有优势 [12][13][14][15] - 公司债券收益率较高,或许是更好的投资机会 [16][17]

NEW YORK, June 12, 2024 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone, Inc., "Blackstone Credit & Insurance"), recently announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit ...

会议主要讨论的核心内容 - 对全球宏观经济形势的判断 Blackstone认为美国经济增长放缓但不会陷入衰退,欧洲经济已经进入下行周期,中国经济有望企稳回升 [6][8][9][10][11] - 对商业地产市场的分析 Blackstone认为办公楼市场存在较大问题,但仓储、学生公寓等细分领域表现良好,公司正在积极布局欧洲商业地产 [13][14][15][19][20][21] - Blackstone作为行业领军企业的发展历程和未来规划 公司已成功跨越1万亿美元资产管理规模,未来增长动力来自私募信贷、数据中心等新兴领域 [24][35][38][39][40][41][42][43] - 公司在人才培养和企业文化建设方面的经验 Blackstone注重培养积极向上的企业文化,通过定期会议和内部节目等方式增强员工的归属感和凝聚力 [58][59][60][61][62][63][64][65][66][67][68][69] 问答环节重要的提问和回答 问题1 **Michael Cyprys 提问** 对Blackstone未来发展到2万亿美元资产管理规模的看法 [34] **Steve Schwarzman 回答** Blackstone有信心通过私募信贷、数据中心等新兴业务实现未来的快速增长,同时也将继续发挥在房地产等传统领域的优势 [35][36][37][38][39][40][41][42][43][44][45] 问题2 **Michael Cyprys 提问** Blackstone如何利用人工智能技术来提升运营效率 [48] **Steve Schwarzman 回答** Blackstone正在积极推动人工智能在各业务领域的应用,包括房地产、投资决策等,并正在帮助旗下公司进行人工智能转型 [49][50][51][52][53][54][55][56] 问题3 **Michael Cyprys 提问** Blackstone如何确保企业文化随着规模扩张而得以保持 [57] **Steve Schwarzman 回答** Blackstone通过定期会议、内部节目等方式增强员工的归属感和凝聚力,并注重培养积极向上的企业文化,确保公司保持活力和创新动力 [58][59][60][61][62][63][64][65][66][67][68][69]

文章核心观点 - 艾默生公司宣布以约35亿美元的交易价值出售其在Copeland合资企业(原艾默生气候技术)的剩余权益 [1][2] - 此次交易是艾默生简化其业务组合、提高自动化领域全球领导地位的关键一步 [2] - 艾默生将获得约29亿美元的税后现金收益,用于偿还现有债务 [2] 交易细节 - 私募基金Blackstone将收购艾默生在Copeland合资企业的40%普通股权益,Copeland将回购卖方票据 [1][2] - 阿布扎比投资局(ADIA)的全资子公司和新加坡主权财富基金GIC将与Blackstone一同参与此次交易 [3] 交易背景和意义 - 此次交易有助于艾默生聚焦其自动化业务,包括其在AspenTech的多数股权 [5] - 艾默生希望通过此次交易进一步简化业务组合,提高公司在自动化领域的竞争力 [2] - Blackstone认为Copeland拥有一支优秀的团队,正在推动向更节能的制热制冷解决方案的转型,期待未来能够继续支持其加速增长 [2]

Richard Drury/DigitalVision via Getty Images Artificial intelligence continues to drive demand for electricity and those poised to deliver are positioned to capitalize on a once-in-a-lifetime gold rush. In addition to increased demand, AI is instigating a deceleration in gains of energy efficiency causing forward projections around electricity usage to deviate from historical trends. Data centers are one of the most highly impacted segments of this increased demand. Global data center power demand could ...

Blackstone Inc. (NYSE:BX) Bernstein's 40th Annual Strategic Decisions Conference Call May 29, 2024 10:00 AM ET Company Participants Jon Gray - President & Chief Operating Officer Conference Call Participants Patrick Davitt - Autonomous Patrick Davitt Good morning, everyone. Thanks for joining us. My name is Patrick Davitt. I'm the U.S. asset manager analyst here at Autonomous. As a reminder, if you want to submit any questions, you do it online through the Pigeonhole website, and I'll try to work those in a ...

Richard Drury Shares of Blackstone Mortgage Trust (NYSE:BXMT) just hit a fresh 1-year low as the market seems to come to terms with the shock that the mortgage REIT could lower its dividend due to continual loan problems in its portfolio. Blackstone Mortgage Trust's loan problems, especially in the office segment, have been the key reason why the REIT did not support its dividend with distributable earnings in the last quarter. I believe that Blackstone Mortgage Trust is now headed for a dividend cut in the ...