Blackstone CEO says financially distressed investors driving REIT redemptions By Reuters

Blackstone CEO says financially distressed investors driving REIT redemptions By Reuters

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By Chibuike Oguh NEW YORK (Reuters) - Blackstone (NYSE:BX) Inc Chief Executive Stephen Schwarzman said on Wednesday that redemptions in his firm's $69 billion non-traded real estate income trust (REIT) were driven by investors roiled by market volatility rather than dissatisfaction with the fund.…

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