meta_pixel
Tapesearch Logo
Log in
Viewsroom

The implications of Blackstone’s property wobble

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 8 December 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

The giant alternative asset manager’s market value dropped by $8 bln after it said investors were exiting its flagship real estate fund. In this Viewsroom podcast, Breakingviews columnists discuss the causes of the jitters and how rivals are vulnerable to similar moves. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

AI is incredible. They can teach you how to fry an egg and even write a poem, pirate style.

0:07.0

But it knows nothing about your work. Slackbot is different. It doesn't just know the facts. It knows your schedule.

0:15.0

It can turn a brainstorm into a brief and it doesn't need to be taught.

0:20.0

Because Slackbot isn't just another AI.

0:23.3

It's AI that knows your work as well as you do.

0:26.4

Visit Slack.com forward slash meet Slackbot to learn more.

0:30.3

The views expressed on this podcast are those of the participants, not of Roalders News.

0:37.2

But I think at this point we're looking for that correction in the market, and it's happening.

0:42.7

A combination of high interest rates and still a lot of uncertainty about inflation means that people are pretty not fine, and I think it's going to go on for a while.

0:52.3

We will see more Blackstone-type news events coming forward in the next year.

0:58.8

Concerns around property valuations are getting louder and louder as interest rates rise,

1:04.8

which ratchets up the cost of debt needed to fund transactions.

1:08.8

Turmoil in Blackstone's flagship property fund is the focus of this week's viewsroom.

1:16.8

Welcome back to the views, the podcast from Reuters' Breaking Views,

1:20.4

where columnists from around the world talk about the big stories of the week.

1:23.8

I'm your host, Amy Donnellin, coming to you from London.

1:28.3

This week, my US colleagues, Laurence Sibyl Lachlan, John Foley and Jonathan Guilford

1:33.7

explored why investors would want to pull their money out of property funds

1:37.8

and how much more widespread the problem will become.

1:41.4

Stay tuned to hear their interesting discussion.

1:51.7

Thank you. the problem will become. Stay tuned to hear their interesting discussion. Where do you find a clear signal in a world of static? In a time of rapid change,

1:57.0

cut through the noise. The economist goes beyond the headlines to decode the forces shaping today and defining

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Reuters, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Reuters and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.