(FINANCIAL TIMES) The world's biggest commercial property landlord is shuffling its US$378 billion (S$511 billion) real estate deck.
Two moves by Blackstone - the sale of BNY Mellon's London office in St Paul's to Italian insurer Generali for £465 million (S$874 million), and an approach to buy student housing operator GCP Student Living - are a sign of how landlords are repositioning their portfolios as the pandemic accelerates structural trends.
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