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Blackstone raises $8 billion in latest real estate debt fund amid nascent sector recovery

(Reuters) – Blackstone has raised $8 billion in its most recent real estate debt fund, the world’s largest alternative asset manager said on Friday, a sign that the property sector is seeing a recovery after a couple of tumultuous years. The fund – Blackstone Real Estate Debt Strategies V – will be active in North America, Europe and Australia and make loans and buy existing loans, according to
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