Article

Blackstone Real Estate Income Trust (Breit) reported an 8.1% total return in 2025, marking its strongest performance in three years, driven primarily by investments in data centers, particularly following its acquisition of QTS. The fund's assets exceeded $54 billion, recovering from a 2% return in 2024 and a loss in 2023, and has successfully met all redemption requests since early 2024, contrasting with previous years of investor withdrawals. Despite the broader nontraded REIT sector averaging only 1.5% returns, Breit continues to outperform public REITs, which achieved a 2.3% total return.