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Expert Opinion

Different Dynamics Drive Value-Added Office Strategies in Big Cities Like New York, London and Paris

The Office Sector Could Benefit From the Large Pool of Dry Powder for Value-Added Strategies With Both Upgrading and Conversion Viable Options
By Robert Stassen, Béatrice Guedj
CoStar Analytics
April 28, 2023 | 8:27 AM

When Blackstone announced it had raised $30.4 billion for Blackstone Real Estate Partners X, "the largest ever" real estate drawdown fund in April, real estate markets reacted positively as it demonstrated investors had not lost confidence in the sector despite the challenging interest rate environment.

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