Blackstone's BREIT Posts Worst Yearly Performance in Its History
(Bloomberg) -- A Blackstone Inc. real estate trust for wealthy investors notched a 0.5% loss in 2023, the lowest annual return since its 2017 debut.Most Read from BloombergBonds Slide as Fed’s Waller Downplays Need to Rush: Markets WrapMusk Pressures Tesla’s Board for Another Massive Stock AwardApple to Allow Outside Payments for Apps After US DecisionA Wary World Braces for Trump’s Return to the White HouseWhat Is Disease X? How Scientists Are Preparing for the Next PandemicBlackstone Real Esta