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Blackstone

Blackstone Real Estate Income Trust

BREIT
Share class:Class I

Blackstone Real Estate Income Trust Overview

Manager:
Blackstone
Manager Location:
New York, United States
Manager Website:
www.blackstone.com
Fund Website:
www.breit.com
Contact Email:
hidden@example.com
Contact Phone:
+12 34 5678 9012
Fundraising Status:
Open
Regime:
Non-listed REIT (US)
Fund Domicile:
United States
Term:
Perpetual Life
Vintage:
2017
Inception Date:
Jan 1, 2017
Fund Size:
$53B (as of Sep 30, 2025)
Base Currency:
USD
Investor Type:
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Authorised for Sale:
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Blackstone Real Estate Income Trust Strategy

Asset Class:
Real Estate
Sub-Asset Class:
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Underlying Investment Type:
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Strategy Description:
BREIT pursues a private real estate income strategy, investing in diversified, institutional-quality properties—primarily rental housing and industrial/logistics—alongside select real estate debt, with the goal of generating stable income and long-term capital appreciation.
Geographic focus:
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Sector focus:
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No. of Investments:
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Focus Investment Type:
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Leverage:
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Investment Limits:
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Blackstone Real Estate Income Trust Allocations

Sector Breakdown

as of Oct 31, 2025

Geographic Breakdown

as of Oct 31, 2025

Investment Type

as of Oct 31, 2025

Blackstone Real Estate Income Trust Performance

Total Returns (% Net of Fees)

as of Oct 30, 2025

Performance Metrics

as of Oct 30, 2025
Net returnsShare Class: Class IBorgline BenchmarkPublic Benchmark
Since Inception (TR)115.6%37.2%33.3%
Since Inception (ann.)9.1%11.1%9.8%
2025 (YTD)5.6%7%4.7%
20241.4%10.4%8.6%
2023-0.6%14.1%12%
20228.3%1.8%4.7%
202130.2%--
20206.7%--
201912.1%--
20188.4%--
2017 (from Jan 2017)10.7%--
Best Month Return3.4%2.1%3.7%
Best MonthOct 2021Dec 2023Nov 2022
Worst Month Return-8.1%0.1%-1%
Worst MonthMar 2020Feb 2024Mar 2025
Distribution yield
TTM (ann.)N/AN/AN/A
Since Inception (ann.)N/AN/AN/A
Risk metrics
Volatility4.3%1.6%3.5%
Sharpe Ratio (risk-free rate of 4.3%)1.124.351.55

Blackstone Real Estate Income Trust Key Terms

General
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Liquidity
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Fees
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Perpetual High Water Mark Mechanism (or equivalent):
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Front load (subscription):
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Back load (redemption):
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Servicing fee:
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Blackstone Real Estate Income Trust Key Investment People

Firstname Lastname
Person position in the company
City, Country
About

This is placeholder biography text describing the person's role at the firm and previous experience in a way that roughly matches the length of a real biography entry.

Contact details
LinkedInEmailPhone
hidden@example.com+12 34 5678 9012
Key information
Investment committee member:
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Years at the firm:
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Years in the industry:
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Professional designations:
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Personal bankruptcy cases (US, UK):
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Litigations/Arbitration cases (US, UK):
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Regulatory history (SEC, FCA):
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Notable deals
Hidden placeholder for the first notable deal detailed description summary
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Experience
Company 1 experience · 5 yrs 11 mos
Hidden role at the investment manager
Jan 2015 - Dec 2020 · 5 yrs 11 mos
City, Country
Hidden senior placeholder role at the investment manager
Jan 2015 - Dec 2020 · 5 yrs 11 mos
City, Country
Hidden placeholder role at the investment manager
Jan 2015 - Dec 2020 · 5 yrs 11 mos
City, Country
Company 2 experience · 4 yrs 11 mos
Previous placeholder investment position title
Jan 2010 - Dec 2014 · 4 yrs 11 mos
City, Country
Company 3 experience · 4 yrs 11 mos
Previous placeholder investment position title
Jan 2010 - Dec 2014 · 4 yrs 11 mos
City, Country
Education
University name placeholder
Placeholder degree in finance or business related field
Sep 2005 - Jun 2009
City, Country

Blackstone Real Estate Income Trust FAQ

What is Blackstone Real Estate Income Trust?Blackstone Real Estate Income Trust is an evergreen Non-listed REIT fund focused on Real Estate and managed by Blackstone.
Who manages Blackstone Real Estate Income Trust?Blackstone Real Estate Income Trust is managed by Blackstone, based in New York, United States.
How big is Blackstone Real Estate Income Trust?Blackstone Real Estate Income Trust has a size of $53B.
What type of fund is Blackstone Real Estate Income Trust?Blackstone Real Estate Income Trust is an open-ended / evergreen Non-listed REIT fund investing in real estate domiciled in United States.
When was Blackstone Real Estate Income Trust launched?Blackstone Real Estate Income Trust was launched on Jan 1, 2017 and is structured as an Non-listed REIT vehicle with no fixed termination date.
Where is Blackstone Real Estate Income Trust domiciled and regulated?Blackstone Real Estate Income Trust is domiciled in United States under Non-listed REIT.

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BREIT | Blackstone Real Estate Income Trust - Analysis