Blackstone Real Estate Income Trust Declares Distributions for July Payment
July 2, 2018 | James Sprow | Blue Vault
On June 28, 2018, Blackstone Real Estate Income Trust, Inc. declared distributions for each of the four classes of common stock. The rates are as follows:
Based upon the original offering price of $10.00 per share the annualized distribution rates, net of fees, are: Class I 6.26%, Class D 6.00%, Class T 5.38%, Class S 5.36%. Based on the transaction prices for subscriptions as of July 1, 2018 (Class S $10.7321, Class T $10.5525, Class D $10.6087, Class I $10.7158), the distribution rates, net of fees, would be: Class I 5.85%, Class D 5.66%, Class T 5.09%, Class S 5.00%.
These rates are slightly lower than the distributions declared for shareholders of record on May 31, 2018, and paid in June.
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