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Caroline Hill, Blackstone Real Estate

“Blackstone sees an opportunity to invest c. $100bn in climate change solutions projects”

The first global real estate fund manager with a €419.3bn portfolio (€85.7bn in Europe), according to a recent study by ANREV, INREV and NCREIF, Blackstone has committed approximately $16bn to investments consistent with energy transition since 2019. In an exclusive interview, Caroline Hill, Managing Director and Head of ESG for Blackstone Real Estate, details for Business Immo the group’s recent initiative with St. Modwen to develop carbon-negative affordable homes and its ESG ambitions going forward.

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Business Immo: Blackstone is partnering with St. Modwen to develop carbon-negative affordable homes. What is this initiative and what are the objectives? Caroline Hill: St. (...)

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