💼European real estate is currently intriguing due to rising interest rates and the need for owners to sell assets.
🏢Blackstone Group is interested in buying warehouses and specific types of real estate.
🌍China is reengaging with the world to reverse negative foreign direct investment and boost its economy.
💵Schwarzman believes there will be opportunities to buy distressed assets in the US in 2024.
🗳️Schwarzman is cautious about supporting any presidential candidate at this time.
What opportunities does Schwarzman see in European real estate?
—Schwarzman sees opportunities due to rising interest rates and the need for owners to sell assets.
What types of real estate is Blackstone Group interested in buying?
—Blackstone Group wants to buy warehouses, student loans, and other specific types of real estate.
Why is China reengaging with the world?
—China is reengaging to reverse negative foreign direct investment and boost its economy.
Will there be opportunities to buy distressed assets in the US?
—Schwarzman believes there will be opportunities in 2024.
Will Schwarzman support Donald Trump again?
—Schwarzman is cautious and non-committal about supporting any presidential candidate at this time.
00:06Joe welcomes Steve Schwarzman, co-founder, chairman, and CEO of Blackstone Group.
00:13Europe offers interesting opportunities in real estate due to rising interest rates and the need for owners to sell assets.
01:41Blackstone Group is focused on buying warehouses, student loans, and specific types of real estate.
04:01China is reengaging with the world to reverse negative foreign direct investment and boost its economy.
05:59Schwarzman believes there will be opportunities to buy distressed assets in the US in 2024.
