Tent, a non-profit community supporting refugees worldwide, will help the agency in its efforts.
Blackstone plans to rent 2,000 refugees throughout its world portfolio corporations, together with its actual property properties, by the top of 2025. The corporate is becoming a member of Tent, a non-profit community of main corporations supporting refugees worldwide. Blackstone’s plan contains hiring 1,500 refugees within the U.S.
At present, the corporate’s portfolio corporations and actual property properties have already employed about 500 refugees from international locations which embrace Afghanistan, Ukraine, El Salvador and Guatemala. Blackstone additionally joined the Welcome.US CEO Council, an effort to encourage personal sector assist for refugees from Afghanistan and Ukraine.
Hiring and coaching sources
As a part of its initiative, Blackstone will work with Tent and different refugee resettlement organizations. These partnerships will present instruments and sources to assist rent, prepare and promote new staff.
The corporate’s commitments to refugees and veterans mirror broader initiatives on the agency. Profession Pathway, Blackstone’s signature program, goals to foster financial mobility and assist range efforts by eradicating legacy boundaries and rising employment alternatives in addition to profession mobility for people from traditionally under-represented communities.
Blackstone’s actual property enterprise continues to make main strikes. In April, the corporate entered an settlement to accumulate PS Enterprise Parks Inc. in a $7.6 billion deal, rising its industrial actual property holdings within the U.S. with a roughly 27 million-square-foot portfolio of commercial, enterprise park, conventional workplace and multifamily properties.