A Blackstone Real-Estate Fund Stages a Comeback

Blackstone's flagship real-estate fund aimed at individual investors notched its strongest performance in three years in 2025, boosted by investment in data centers.

- By PeTer GRANT

Blackstone Real Estate Income Trust, known as Breit, posted a total return of 8.1% for the year and ended with $54 billion in assets, according to the firm, That is up from a 2% return in 2024 and a loss of 0.5% in 2023.