(Bloomberg) -- Lloyd C. Blankfein, chief executive officer of Goldman Sachs Group Inc., said he would invest in real estate as central banks around the world focus on avoiding deflation.

"I accept that invitation to have higher asset prices, and so I would go long more the real assets," including real estate, Blankfein, who turns 58 tomorrow, said in a discussion today with Royal Bank of Canada CEO Gordon Nixon, at an event hosted by the Canadian Club of Toronto.

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