BlackRock Attacks the Real Estate Market! ElmTree Deal Aims for Billion-Dollar Potential!
Reading Time: 3 minutes
The global investment giant BlackRock (i)(BLK), with managed assets of over $11 trillion, is serious about competing in the private markets. By acquiring ElmTree Funds, the world's largest asset manager is making a significant entry into the lucrative net lease real estate sector – sending a strong signal for its multi-billion-dollar growth strategy by 2030. Over the year, the stock has risen 34.8%, while the broader S&P 500 Index gained only 13.3%. BlackRock strengthens real estate business with ElmTree acquisition BlackRock has announced...
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