Blackstone’s real‑estate debt unit has extended a $244 million loan to Alterra IOS for the purchase of 37 outdoor storage sites, while its broader lending portfolio totals over $1.1 billion across six borrowers. Brookfield has also deepened its exposure, spending $1.2 billion to privatise Peakstone Realty Trust and acquire more than 70 industrial properties, and is actively investing in outdoor storage lots nationwide. Both firms cite the fragmented logistics sector as a prime opportunity for institutional capital.
Blackstone
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14 November 2026
29 October 2026
Microsoft announced a reduction of its full‑year capital expenditure target to $170 billion, down from $175 billion, while reporting $18.6 billion in free cash flow that beat expectations. Alphabet disclosed a negative free cash flow of over $9 billion for the third quarter, causing its shares to tumble between 8% and 10% in after‑hours trading. In the same period, Azure revenue grew 48% and Google Cloud revenue topped $30 billion, surpassing forecasts. Both firms face AI‑related spending pressures, with Alphabet revealing $98.5 billion in contingent AI commitments.
SK hynix reported third-quarter operating profit of US$62.8bn, up 632% on the year, marking six straight quarters of record revenue and operating profit. Asian technology shares surged after the results, with investors citing renewed optimism about artificial intelligence demand. Separately, Anthropic reported first-half revenue growth of about 1,300% in its IPO filing, and Broadcom, Citi, Blackstone and Morgan Stanley announced a US$63bn financing structure for the company. Markets were also awaiting the Federal Reserve's policy decision.