Market Extra: Blackstone limits investor redemptions on $70 billion real-estate fund: shareholder letter
A mammoth $69 billion Blackstone BX, Blackstone Real Estate Income Trust fund, which has a focus on U.S. residential rental properties, saw redemptions of about $1.8 billion in October, or more than the 2% of its monthly net asset value limit, according to the letter. While those redemptions in…
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