Blackstone Real Estate Income Trust Declares October Distributions
November 2, 2020 | James Sprow | Blue Vault
On October 29, 2020, Blackstone Real Estate Income Trust, Inc. declared distributions for each class of its common stock in the amount per share set forth below:
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 October 31, 2020 and will be paid on or about November 20, 2020. These distributions will be paid in cash or reinvested in shares of the Company’s common stock for stockholders participating in the Company’s distribution reinvestment plan.
AS of September 30, 2020, the monthly NAVs and annualized distribution rates for the four shares classes were as follows:
Class I: $11.17 and 5.80%
Class D: $11.05 and 5.61%
Class S: $11.20 and 4.94%
Class T: $11.00 and 5.04%
Source: SEC and Blackstone Real Estate Income Trust, Inc.