Resilient Real Estate: Student Housing and Hospitality Drive Cash Flow Growth for Blackstone

Blackstone, the largest owner of commercial real estate globally, is focusing on the student housing rental market due to increasing demand. Kathleen McCarthy, Blackstone's global co-head of real estate, highlighted the acquisition of American Campus Communities as a way to address the shortage of student accommodations. Blackstone also sees rental housing as resilient and has made investments in countries like Australia, Canada, and the UK, where universities are growing but require housing. McCarthy also mentioned datacenters and logistics as other key areas of interest in the real estate market.