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Blackstone Blocks Withdrawals From $69B Real Estate Investment Trust 

Blackstone Inc. has announced that in January 2023, Blackstone Real Estate Income Trust (BREIT) reached its monthly redemption limit when it fulfilled about $1.3B of repurchase requests. This is about 2% of the fund’s net asset value (NAV) and around 25% of the approximately $5.3B of withdrawal requests that were received for the month.