Blackstone
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more



This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.







Blackstone Limits Withdrawal from $125 Billion Real Estate Fund Following Increase in Withdrawal Request, Blackstone Real Estate Income Trust Fund Approved $1.3 Billion – 43% of Requests in November 2022

2nd December 2022 | Hong Kong

Top private equity firm Blackstone with $951 billion AUM has limited withdrawal from its $125 billion real estate fund following an increase in withdrawal request in November 2022.  Blackstone Real Estate Income Trust Fund approved $1.3 billion of redemption, representing 43% of requests in November 2022.  The Blackstone Real Estate Income Trust Fund (BREIT) allows 2% of funds to be redeemed each month, and a maximum of 5% in a quarter.  The $125 billion fund excluding debts, has a net asset value of $69 billion.  In 2021 the 5th year of the fund, Blackstone Real Estate Income Trust Fund reported 28.7% returns, 12.4% returns for Class S Shares (Class S shares with sales load of 24.4%), and total asset value of $94 billion.  The 3 years annualised return is 14.5% with no sales load.  82% of the fund is concentrated in Residential & Industrial and 73% is concentrated in the South and West regions of the United States. (AUM ~ Assets under Management)

“ Blackstone Limits Withdrawal from $125 Billion Real Estate Fund Following Increase in Withdrawal Request, Blackstone Real Estate Income Trust Fund Approved $1.3 Billion – 43% of Requests in November 2022 “

 

- Article continues below -
Web links may be disabled on mobile for security.
Please click on desktop.





The 2023 Investment Day | HK & SG
Where do you invest $250k, $1 million, $10 million, $100 million or $1 billion? Can you generate IRR of 10% / 15% / 20% or more? Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 28th March 2023 in Hong Kong, 4th April 2023 in Singapore, and Virtual Investment Day in April 2023.
Visit | Register here





About Blackstone Real Estate Income Trust

Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors. BREIT invests primarily in stabilized, income-generating U.S. commercial real estate across key property types and to a lesser extent in real estate debt investments. BREIT is externally managed by a subsidiary of Blackstone (NYSE: BX), a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has approximately $319 billion in investor capital under management. Further information is available at www.breit.com.

 

Blackstone Real Estate Income Trust Fund Announcement

Blackstone

Blackstone on 1st Dec 2022 – Since formation nearly six years ago, BREIT’s Share Repurchase Plan (the “Repurchase Plan”) has allowed for repurchases up to 2% of net asset value (“NAV”) in any month and 5% of NAV in a calendar quarter, subject to BREIT’s majority independent Board of Directors’ broad repurchase discretion.1 This structure was designed both to prevent a liquidity mismatch and maximize long- term shareholder value. 

BREIT received repurchase requests equal to 2.7% of NAV in October, or approximately $1.8 billion, and received approval from its majority independent Board of Directors to fulfill 100% of repurchase requests.2 BREIT has now received repurchase requests exceeding both the 2% of NAV monthly limit and 5% of NAV quarterly limit, triggering proration for the remaining 2.3% of NAV for the quarter. Accordingly, BREIT repurchased approximately $1.3 billion in November, equal to its 2% of NAV monthly limit and approximately 43% of each investor’s repurchase request. In December, up to 0.3% of NAV will be eligible for repurchase to total 5% of NAV for the quarter. If BREIT receives elevated repurchase requests in the first quarter of 2023, BREIT intends to fulfill repurchases at the 2% of NAV monthly limit, subject to the 5% of NAV quarterly limit.

Under the Repurchase Plan, unfulfilled repurchase requests will not be carried over automatically. Investors will need to resubmit any unsatisfied portion of their current repurchase request for repurchase in the future. 

Blackstone Real Estate Income Trust, Inc. (BREIT) is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors. BREIT invests primarily in stabilized, income-generating U.S. commercial real estate across key property types and to a lesser extent in real estate debt investments. BREIT is externally managed by a subsidiary of Blackstone (NYSE: BX), a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has approximately $319 billion in investor capital under management. Further information is available at www.breit.com.

 

About Blackstone

Blackstone is the world’s largest alternative asset manager with $951 billion in assets under management. With $283 billion of assets under management, Blackstone’s private equity business has been a global leader since 1985.




Quick Links


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below








Caproasia Users

  • Manage $20 million to $3 billion of assets
  • Invest $3 million to $300 million
  • Advise institutions, billionaires, UHNWs & HNWs

Caproasia Platforms | 10,000 Investors & Advisors

Monthly Roundtable & Networking

Family Office Programs

The 2023 Investment Day

  • 28th March 2023 - Hong Kong
  • 4th April 2023 - Singapore
  • April 2023 - Virtual
  • Sept 2023 - Hong Kong
  • Oct 2023 - Singapore
  • Oct 2023 - Hong Kong
  • Visit: The Investment Day | Register: Click here

Caproasia Summits

Contact Us

For Enquiries, Membership
mail@caproasia.com, angel@caproasia.com

For Listing, Subscription
mail@caproasia.com, claire@caproasia.com

For Press Release, send to:
press@caproasia.com

For Events & Webinars
events@caproasia.com

For Media Kit, Advertising, Sponsorships, Partnerships
angel@caproasia.com

For Research, Data, Surveys, Reports
research@caproasia.com

For General Enquiries
mail@caproasia.com





Make Better Business & Investment Decisions



For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register


    Professional InvestorInstitutional InvestorFamily OfficeAdvisorFinancial ProfessionalExecutiveOthers


    Mailing ListFree TrialSubscription YearlySubscription MonthlyMembershipEvents


    Professional InvestorPrivate WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights











    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014


    Web links may be disabled on mobile for security.
    Please click on desktop.






    Previous article2022 Shanghai Global Asset Management Forum: $18.4 Trillion Sector with 4,600 Institutional Asset Managers in Shanghai
    Next articleThe 2022 Asset Owner 100 Study: Top 100 Asset Owners with $25.7 Trillion AUM, Top 10 Largest from Japan, Norway, China, UAE, South Korea, United States, Singapore, Kuwait, Netherlands & Hong Kong
    Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia