Bloomberg Intelligence
Amazon Prime Day Sales, Blackstone Earnings
Jul 18, 2024
Explore Amazon Prime Day sales success and Blackstone earnings with experts from Bloomberg Intelligence. Delve into the U.S. economy outlook, United Airlines earnings, and commercial real estate state. Learn about asset managers, specialized support, Federal Reserve policies, Airbus and Boeing sales, and real estate growth strategies.
40:10
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Quick takeaways
- Howard Hughes attributes high office occupancy to worker migration and coastal companies following suit.
- Successful multifamily housing portfolio growth due to addressing demand for affordable housing and expanding into new markets.
Deep dives
High Occupancy Rates in Office Space
The podcast discusses how Howard Hughes, a publicly traded company, maintains high occupancy rates of close to 90% in its 6.8 million square feet of office space, defying national trends. The company attributes this to the migration of educated workers from coastal cities to their communities, leading to companies following suit, occupying their office spaces.
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