Every 424B that BLACKSTONE RL EST CL1 (BSTT) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BSTT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BSTT filings page.
Blackstone Real Estate Income Trust, Inc. (BSTT) provides an update on its August 31, 2026 net asset value, current public offering and leadership changes while maintaining a total NAV of $57.7 billion across all share classes and operating partnership units.
As of August 31, 2026, investments in real estate were $89.4 billion, real estate debt $4.8 billion, and investments in unconsolidated entities $22.8 billion, offset by $53.3 billion of mortgage and credit facility debt. Class I NAV per share was $14.6850, with similar NAV levels for fee-bearing retail share classes. The transaction price for subscriptions on October 1, 2026 equals each class’s August 31 NAV per share, so Class I, S‑2, D‑2 and T‑2 are priced at $14.6850, $14.6722, $14.3051 and $14.4170, respectively.
The continuous public offering authorizes up to $60.0 billion of common stock (including $48.0 billion primary and $12.0 billion via the distribution reinvestment plan). To date, 151.1 million primary shares have been sold for $2.1 billion and 56.3 million DRIP shares for $0.8 billion. Blackstone also announces that David Levine and Giovanni Cutaia have been appointed Global Co‑Heads of Blackstone Real Estate, while former Global Head Nadeem Meghji will depart at year‑end 2026.
Blackstone Real Estate Income Trust, Inc. is updating investors on portfolio metrics, NAV and its ongoing continuous offering. As of July 31, 2026, total NAV was $57,430,084 (in thousands), up from $56,567,757 (in thousands) on June 30, 2026, with Class I NAV per share at $14.6479 and similar modest increases across other share classes.
For subscriptions on September 1, 2026, transaction prices per share equal July 31 NAV per share, including $14.6479 for Class I, $14.6353 for Class S‑2, $14.2703 for Class D‑2, and $14.3813 for Class T‑2. July 2026 total return was 1.2% (not annualized) for the main retail classes. The trust continues a non‑traded offering of up to $60.0 billion of common stock and has sold $2.0 billion in the primary offering and $0.7 billion via the distribution reinvestment plan to date. For the six months ended June 30, 2026, it recorded total revenues of $3,798,293 (in thousands) and a net loss attributable to stockholders of $758,880 (in thousands), while generating $1,213,888 (in thousands) of cash from operating activities.
Blackstone Real Estate Income Trust, Inc. updates investors on portfolio activity, net asset value and its ongoing public offering. As of June 30, 2026, aggregate NAV was $56.6 billion, with Class I shares at a NAV per share of $14.5256 and August 1, 2026 transaction prices for Class I, S-2, D-2 and T-2 set equal to their June 30 NAVs.
During the six months ended June 30, 2026, BREIT deployed $5.7 billion (at its share) into data center developments via its QTS platform, a 126% increase over the prior-year period, with these projects 100% pre-leased, in substantially all cases to investment grade tenants. The NAV tables show portfolio composition, class-level NAV per share, and valuation assumptions by property type, including discount and exit capitalization rates.
The continuous offering authorizes up to $60.0 billion of common stock, of which $1.8 billion has been raised in the primary offering and $0.7 billion through the distribution reinvestment plan as of this update. Suitability standards are revised for Idaho investors and a heightened suitability standard for Pennsylvania investors is removed.
Blackstone Real Estate Income Trust, Inc. provided a prospectus supplement updating its portfolio and NAV calculations and disclosed the transaction price per share for subscriptions accepted as of July 1, 2026. The July 1 transaction prices equal each class’s NAV per share as of May 31, 2026.
The supplement reports total NAV of $56,074,274 and 3,884,712 outstanding shares/units as of May 31, 2026, and lists per-class NAVs (Class I NAV per share $14.4253; Class S-2 $14.4136; Class D-2 $14.0569; Class T-2 $14.1649). The company states it is offering up to $60.0 billion of common stock under the continuous Offering (primary and distribution reinvestment plan).
Blackstone Real Estate Income Trust, Inc. files a prospectus supplement updating its portfolio and public offering terms, disclosing June 1, 2026 transaction prices and the April 30, 2026 NAV. The company reports aggregate NAV of $55,523,346 as of April 30, 2026, and NAV per Class I share of $14.3527.
The supplement states the Offering capacity is up to $60.0 billion, and that BREIT has issued and sold 110,041,177 shares in the primary offering for proceeds of $1.5 billion and 42,495,204 shares under the distribution reinvestment plan for a total value of $0.6 billion. The June 1, 2026 transaction prices equal April 30, 2026 NAV per share for each class.
Blackstone Real Estate Income Trust, Inc. provides a prospectus supplement that updates BREIT’s portfolio, discloses the May 1, 2026 transaction prices (equal to March 31, 2026 NAV per share by class), shows the March 31, 2026 NAV breakdown, and updates the status of its ongoing public offering.
The supplement reports aggregate NAV of $54,928,181 (table amounts are presented in thousands), class NAVs and per-share NAVs (e.g., Class I NAV per share $14.2535), the weighted valuation assumptions used for property DCFs, and that the offering continues on a monthly, continuous basis up to a maximum of $60.0 billion.
Blackstone Real Estate Income Trust, Inc. files a prospectus Supplement updating portfolio values, NAV calculations and offering status. The Supplement discloses the April 1, 2026 transaction prices (equal to NAV as of February 28, 2026) — Class I $14.2364, Class S-2 $14.2252, Class D-2 $13.8776, and Class T-2 $13.9820.
The Supplement reports an aggregate NAV of about $54.7 billion and 3,843,615 outstanding shares/units (figures presented in the tables). It states the ongoing public Offering capacity of up to $60.0 billion and that subscriptions exceeded redemptions in February 2026 for the first time since September 2022. The Company also files its Annual Report on Form 10-K for the year ended December 31, 2025.
Blackstone Real Estate Income Trust, Inc. (BREIT) updates investors on its portfolio, net asset value and offering terms. As of January 31, 2026, aggregate NAV was $54.6 billion, supported primarily by $95.7 billion of consolidated real estate and $17.9 billion in unconsolidated investments, offset by secured debt and other liabilities.
BREIT sets its March 1, 2026 transaction prices equal to January 31 NAV per share, including $14.2081 for Class I, $14.1976 for Class S‑2, $13.8537 for Class D‑2 and $13.9550 for Class T‑2. January Class I total return was 0.9%, while 2025 net returns ranged from 7.2% to 8.1% across major share classes.
The supplement notes that BREIT’s continuous public offering authorizes up to $60.0 billion of shares; it has sold about $0.9 billion in the primary offering and $0.4 billion via its distribution reinvestment plan. An investor incentive program grants an extra 1% in shares for subscriptions dated January 1 through April 1, 2026, and NAV allocation rules now combine legacy and “‑2” share classes. The document also revises state suitability standards, including detailed limits for Alabama residents, and replaces the subscription agreement.
Blackstone Real Estate Income Trust (BREIT) provides a portfolio, NAV and offering update. For December 31, 2025, Class I NAV per share was $14.13, and the February 1, 2026 transaction price equals each class’s NAV per share, including $14.1339 for Class I, $14.0621 for Class S-2, $13.6905 for Class D-2 and $13.8542 for Class T-2.
BREIT reports total net asset value of $54.3 billion, supported by $96.1 billion of consolidated real estate investments and $17.4 billion in unconsolidated entities. Data center developments through its QTS platform are 100% pre-leased and are expected to generate $1.3 billion of incremental annual cash rental revenues in their first year of operation, after deploying $5.8 billion in 2025, a 96% increase over 2024. All 2025 distributions were characterized as return of capital for U.S. federal income tax purposes. The trust is offering up to $60.0 billion of shares and has sold approximately $0.7 billion in the primary offering and $0.3 billion via its distribution reinvestment plan to date.
Blackstone Real Estate Income Trust Inc. is introducing a temporary Investor Incentive Program that grants investors bonus shares equal to 1% of their subscription amount. The offer applies to subscriptions dated between January 1, 2026 and April 1, 2026, and the bonus shares are the same class as the shares purchased. The adviser or its affiliates will pay the full purchase price of these bonus shares from their own assets, so investors do not bear extra cost.
All bonus shares have the same rights as other shares and may be repurchased on the same terms under the share repurchase plan. For U.S. federal income tax purposes, the company believes an investor’s tax basis in both purchased and bonus shares generally equals only the cash the investor pays, although investors are urged to consult their own tax advisors. The adviser may amend, extend, or terminate the program, and certain feeder or other vehicles may apply it differently or not participate.
Blackstone Real Estate Income Trust (BREIT) issued a prospectus supplement updating portfolio metrics, December pricing, NAV, offering status, and program/governance changes.
For subscriptions as of December 1, 2025, transaction prices equal October 31 NAV per share: Class I $13.9218, Class S-2 $13.8866, Class D-2 $13.5564, Class T-2 $13.6582. Class I total return for October was 0.8%.
As of October 31, 2025, aggregate NAV was $53.1 billion with 3,820,181 thousand shares/units outstanding. By the supplement date, BREIT had sold 28,742,541 primary shares for $0.4 billion in proceeds and 15,563,833 DRIP shares valued at $0.2 billion, under its up to $60.0 billion continuous offering.
BREIT introduced a DST Program to sell beneficial interests in Delaware statutory trusts via private placements, with master leases guaranteed by the Operating Partnership and an FMV purchase option. The supplement also updates valuation procedures, class-specific fees (management and performance participation), suitability standards in certain states, and lists current directors and executive officers.
Blackstone Real Estate Income Trust (BREIT) updated its continuous public offering, which permits sales of up to $60.0 billion in common stock, consisting of up to $48.0 billion in the primary offering and up to $12.0 billion via the distribution reinvestment plan.
For subscriptions as of November 1, 2025, the transaction price equals September 30, 2025 NAV per share: Class I $13.8639, Class S-2 $13.8432, Class D-2 $13.5155, and Class T-2 $13.6103. Purchase prices add applicable upfront commissions and dealer manager fees where relevant; repurchases use the transaction price.
BREIT reported aggregate NAV of $53.0 billion as of September 30, 2025. September total return was 0.7% for Class I and 0.6% for Class S-2, Class D-2, and Class T-2. As of this supplement, shares issued and sold totaled 16,534,726 in the primary offering for proceeds of $0.2 billion, and 15,553,657 through the distribution reinvestment plan for value of $0.2 billion. BREIT intends to continue monthly sales.