BREIT
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BREIT boss to retire after 30 years
COO Wesley LePatner steps up into chief executive role
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KKR acquires $1.6bn PBSA portfolio from Blackstone
Portfolio comprises of 19 PBSA assets across US
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BREIT has worst year ever
Blackstone Real Estate Income Trust reports lowest annual return to date
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Blackstone sells storage business for $2.2bn
Public Storage has expanded its portfolio by 55m sq ft since 2019 with $10bn of investment.
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University of California invests another $500m in Blackstone’s Real Estate Income Trust
Deal is an extension of the $4bn strategic venture announced earlier this month