Tuesday Apr 09, 2024
Blackstone Sparks Apartment Sector Rally, Irish Commercial Real Estate Slumps
Blackstone's $15.2 billion bet on the apartment industry spurs a sector-wide rally. Investment in Irish commercial real estate hits a post-crash low. Plus, the impact of empty commercial buildings on Louise Avenue and a Woodlands construction project brings housing and commercial space to Parsons.
Sources:
https://www.afr.com/property/commercial/blackstone-s-15b-apartment-bet-spurs-sector-wide-rally-20240409-p5fig4
https://www.irishtimes.com/business/2024/04/09/investment-in-irish-commercial-real-estate-slumps-to-post-crash-low/
https://www.keloland.com/news/your-money-matters/the-impact-of-empty-commercial-buildings-on-louise-avenue/
https://parsonsadvocate.com/news/pa-top-stories/headlines/woodlands-construction-project-to-bring-housing-commercial-space-to-parsons/
Outline:
(00:00:00) Introduction
(00:00:40) Blackstone’s $15b apartment bet spurs sector-wide rally
(00:03:38) Investment in Irish commercial real estate slumps to post-crash low
(00:05:38) The impact of empty commercial buildings on Louise Avenue
(00:07:59) Woodlands Construction Project to Bring Housing, Commercial Space to Parsons