secwatch.observer — SEC 8-K summary
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Issuer:     Blackstone Real Estate Income Trust, Inc. (BSTT)
CIK:        0001662972
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001193125-25-310690
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1662972/000119312525310690/0001193125-25-310690-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1662972/000119312525310690/d73928d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-310690

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer