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July 19, 2023
BREIT forges ahead on comeback trail: Blackstone fund posted strongest return in 10 months after limiting withdrawals
July 19, 2023
BREIT forges ahead on comeback trail: Blackstone fund posted strongest return in 10 months after limiting withdrawals
July 17, 2023 | TheRealDeal
Blackstone’s real estate investment trust continued its climb out from under a mass of redemption requests that landed in recent months, with June posting its strongest returns in nearly a year.
Blackstone Real Estate Income Trust recorded a 0.96 percent return last month, the Commercial Observer reported. It was the third straight month of positive returns for BREIT, which is posting a 1.3 percent return year-to-date.
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