What’s Going On Here? WeWork has skipped some of its rental payments, and that’s had knock-on effects for bond investors. What Does This Mean? Clearly, stay-at-home orders mean there aren’t many people paying WeWork to rent office space. Rental and mortgage payments are similar to bonds in that they both pay a regular income for a specific…
Tag: realestate
Ep 10: Blackstone Goes Industrial
What’s Going On Here? American private equity titan Blackstone announced its purchase of several US warehouses from Singaporean logistics firm GLP, paying $19 billion in the biggest private real estate deal ever. What Does This Mean? Blackstone’s already one of the world’s largest property owners, and snapping up more warehouses will almost double its US…
with HT 