And for the markets that provide centralized payment processing, the damage to shopper or vendor homes and/or businesses can often mean more and higher average transactions because of increased government benefits and private philanthropy, which in turn – although very welcome – increases the costs ...
At the same time as it sold assets, Blackstone deployed $18bn in new investments. Roughly one-third of the total went towards investments in real estate, including 2.3m square feet of specialist office space in the booming life sciences district of Cambridge, Massachusetts. The firm’s net in...