From left: Larry Fink (credit: Financial Times/Flickr) and some Euro notes The world’s largest asset manager, BlackRock, plans to take advantage of the weak euro to buy as much as $2.7 billion in European property over the next three years. The euro has fallen by about 12 percent relative to the U.S. dollar over the past year, leading many investors, especially those hailing from North America, Asia and the Middle East, to buy in. (more…)
Source: The Real Deal
