Financial Times seems to say that BX's recent real estate acquisitions in Warsaw (Poland) for $100+ million may not have been such a good buy. BX's has been buying real estate throughout Europe, and Europe's woes are playing into a declining stock price for BX. I, for one, however, am buying more at this price.
That can't be it. $100 Million is nothing. I think it is just market fear. I wish I had some cash to be a buyer out there. Come on Dividends. No big dividends coming in for a month or so. I hope these prices stay.