• Blackstone Real Estate Income Trust posted a net loss of $385.52 million for Q1 ended March 31, 2026, narrowing from a $1.84 billion loss a year earlier.
• Revenue fell 5.72% to $1.94 billion, while interest expense, net eased to $695.46 million from $765.8 million.
• Net gain on dispositions of real estate climbed to $462.54 million from $135.91 million, as BREIT sold 35 industrial properties and 26 rental housing properties for total net proceeds of $2 billion.
• Funds from operations swung to $147.8 million from a loss of $937.77 million, while adjusted funds from operations edged up to $346.73 million from $339.72 million.
• Raised $1.2 billion from share and unit sales, repurchased $1.3 billion, deployed $2.4 billion into QTS data center development, ending March 31 with net asset value of $54.93 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackstone Real Estate Income Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001662972-26-000065), on May 08, 2026, and is solely responsible for the information contained therein.