Please provide me with the question you'd like answered. I need the question number (you've given me "1") and the actual question to provide a response based on the transcript.
Please provide the question you want answered. I only have the number "1," not the question itself.
No, I do not know what to answer. I need the full text of question 1 from the Follow-up Questions section of my previous response. I cannot infer the question from just the number "1". Please re-state question 1.
Please restate question 2. I need the full text of the question to answer it based on the provided transcript.
The transcript doesn't provide specific examples of demand signals from tenants that Blackstone is using to guide its data center building decisions. While Gray mentions that they build only when they have tenant demand and look at demand signals from tenants, no specifics on the nature of these signals are given.
This Bloomberg Television interview features John Gray, likely from Blackstone, discussing the company's strong performance, driven by increased investment in alternatives and private assets. The conversation also covers the impact of AI on data centers, the outlook for the office real estate sector, and predictions for future dealmaking and investment strategies.
The transcript indicates Blackstone is seeing significant inflows in private wealth (an 80% increase last year, with January 2024 being the best month since May 2022). It also highlights the success of private credit, leveraging relationships with insurance companies, pension funds, and individual investors to capture additional yield. However, the transcript does not detail the specific strategies employed beyond these observations of successful outcomes. Therefore, a precise answer to your question is unavailable within the transcript.
According to Gray, the "ingredients" for a rebound in the M&A market include:
He states that all these factors are currently present, leading him to believe in a better year for M&A in 2025.