You are here

Blackstone expects lower property returns as CMBS falters

Seattle

RETURNS from US commercial real estate are likely to moderate amid capital market volatility and muted economic growth, said Jon Gray, global head of real estate at Blackstone Group LP.

"Rates of return are definitely coming down" in the US, Mr Gray said last Friday at a...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes