Blackstone Real Estate Income Trust (BSTT) sets November 2025 per-share distributions

Rhea-AI Filing Summary

Blackstone Real Estate Income Trust, Inc. declared November 2025 monthly distributions for all classes of its common stock except Class C. The gross distribution is $0.0549 per share for each class, with different stockholder servicing fees reducing the net amount by share class. For example, Class I common stock has a net distribution of $0.0549 per share, while Class S and Class S-2 each have a net distribution of $0.0451 per share.

The net distributions are payable to stockholders of record immediately after the close of business on November 30, 2025 and are scheduled to be paid on or about December 22, 2025. Stockholders may receive the distributions in cash or have them reinvested through the company’s distribution reinvestment plan. Class C shares have no stated cash distribution because their share of income is intended to accrete into net asset value rather than be paid out.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 26, 2025

Blackstone Real Estate Income Trust, Inc.

(Exact Name of Registrant as Specified in its Charter)

Maryland

000-55931

81-0696966

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS. Employer Identification No.)

345 Park Avenue

New York, New York 10154

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code:

(212) 583-5000

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

Title of each class Trading Symbol(s) Name of each exchange on which registered

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01. Regulation FD Disclosure

November 2025 Distributions

On November 26, 2025, the Company declared distributions for each class of its common stock in the amount per share set forth below: 

						Gross Distribution						Stockholder Servicing Fee						Net Distribution
Class I Common Stock						$0.0549						$0.0000						$0.0549
Class S Common Stock						$0.0549						$0.0098						$0.0451
Class S-2 Common Stock						$0.0549						$0.0098						$0.0451
Class D Common Stock						$0.0549						$0.0028						$0.0521
Class D-2 Common Stock						$0.0549						$0.0028						$0.0521
Class T Common Stock						$0.0549						$0.0097						$0.0452
Class T-2 Common Stock						$0.0549						$0.0096						$0.0453

The net distributions for each class of common stock (which represents the gross distributions less stockholder servicing fees for the applicable class of common stock) are payable to stockholders of record immediately following the close of business on November 30, 2025 and will be paid on or about December 22, 2025. These distributions will be paid in cash or reinvested in the applicable class of shares of the Company’s common stock for stockholders participating in the Company’s distribution reinvestment plan. Class C currently has no distribution amount presented as it is generally an accumulating share class whereby its share of income will accrete into its NAV.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BLACKSTONE REAL ESTATE INCOME TRUST, INC.

Date: November 28, 2025

By:

/s/ Leon Volchyok

Name:

Leon Volchyok

Title:

Chief Legal Officer

FAQ

What distributions did Blackstone Real Estate Income Trust (BSTT) declare for November 2025?

Blackstone Real Estate Income Trust, Inc. declared monthly distributions for November 2025 on each class of its common stock except Class C. Each class receives a gross distribution of $0.0549 per share, with the net amount varying by class after stockholder servicing fees.

What are the per-share net distribution amounts for the main share classes of BSTT?

For November 2025, the net distributions per share are $0.0549 for Class I common stock, $0.0451 for Class S and Class S-2, $0.0521 for Class D and Class D-2, $0.0452 for Class T, and $0.0453 for Class T-2.

When are the November 2025 distributions for BSTT recorded and paid?

The net distributions are payable to stockholders of record immediately following the close of business on November 30, 2025, and are expected to be paid on or about December 22, 2025.

Can BSTT investors reinvest their November 2025 distributions?

Yes. Stockholders may receive the November 2025 distributions in cash or have them reinvested in the same class of the company’s common stock through Blackstone Real Estate Income Trust’s distribution reinvestment plan.

Why does Class C of BSTT show no November 2025 cash distribution?

Class C currently has no stated distribution amount because it is generally an accumulating share class, meaning its share of income is intended to accrete into its net asset value instead of being paid out in cash.

How do stockholder servicing fees affect BSTT’s November 2025 distributions?

Each share class has the same gross distribution of $0.0549 per share, but stockholder servicing fees differ by class and are deducted from the gross amount to determine the net distribution actually paid to stockholders.