Here’s What Could Affect Blackstone’s Real Estate Segment
The real estate segment of Blackstone Group (BX) garnered total revenues amounting to $641 million in the first quarter, a decline of 17% on a YoY (year-over-year) basis. The real estate segment garnered total management fees (net) of $247.9 million in the first quarter, which implies a YoY rise of 15%. The company’s real estate portfolio is witnessing a decent performance.