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Thursday, October 22, 2026Updated 15:38 UTC

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Blackstone cuts property valuations as higher rates hit returns

Source: Financial Times · Oct 22, 2026 11:03 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Group’s president Jonathan Gray says rising market volatility stalled a quick return of cash to investors through IPOs

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