earnings
confidence high
sentiment positive
materiality 0.65
BREIT reports preliminary H1 2026 same property NOI up ~3% YoY; net loss narrows to ~$830M-$873M
Blackstone Real Estate Income Trust, Inc.
- Same property NOI (attributable to BREIT) expected $2.363B-$2.484B for H1 2026, up ~3% YoY.
- Estimated net loss for H1 2026: $830M-$873M, compared to $2.409B net loss in H1 2025 (improvement due to lower impairments and higher gains on dispositions).
- Impairment of investments in real estate estimated $229M-$240M (H1 2025: $341M); net gain on dispositions $834M-$877M (H1 2025: $600M).
- Management fee $348.8M, performance participation allocation $399.8M (H1 2025: $335.3M and $231.0M respectively).
- Data is preliminary, unaudited, and subject to change; Deloitte has not reviewed.