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Blackstone Global Head Of Real Estate To Depart Firm
Bisnow • • business
Key Points:
- Nadeem Meghji, Blackstone's Global Head of Real Estate, is set to leave the company after nearly 20 years, citing personal reasons and a desire to spend more time with family.
- Meghji joined Blackstone during the 2008 Great Recession and became the sole head of global real estate less than a year ago, following Kathleen McCarthy's departure in November.
- Blackstone will promote David Levine and Giovanni Cutaia to co-lead its real estate business, ensuring continuity and leadership stability amid Meghji's exit.
- Meghji played a key role in Blackstone's significant investment in the data center sector, which the firm views as a major growth opportunity with $140 billion invested globally by early 2026.
- The real estate group at Blackstone has seen about a dozen senior managing directors leave in recent years, highlighting ongoing leadership changes within the division.
