Goldman Sachs CFO Says Started Year With $15B Of Commercial Real Estate Alternative Investments, Been Reduced By $5B
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs' CFO has announced that the company started the year with $15 billion in commercial real estate alternative investments, which has been reduced by $5 billion.
October 17, 2023 | 2:00 pm
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Goldman Sachs has reduced its commercial real estate alternative investments by $5 billion, indicating a shift in its investment strategy.
The reduction in commercial real estate alternative investments by Goldman Sachs indicates a potential shift in the company's investment strategy. However, without further details on the reasons behind this move, it's difficult to predict the exact impact on the company's stock price in the short term.
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