BREIT Q3 net return +1.65%, YTD +5.6%; data center deployment $3.7B

Blackstone Real Estate Income Trust, Inc.

Class I annualized net return since inception (Jan 2017) is 9.2%, 60% higher than public REITs.
Data center investment: $1.2B in Q3, $3.7B YTD through QTS; leasing pipeline doubled in Q3.
Repurchase requests down 96% from peak; net flows approaching positive.
2024 distribution: 96% return of capital, tax-equivalent rate of 7.5% for Class I.
Katie Keenan appointed CEO and director, succeeding Wesley LePatner.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.