Blackstone limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a surge of redemption requests

by silvertomars

Closing the gates and leaving investors with illiquid positions they can’t redeem. Investors fear Blackstone has been slow to mark down valuations.

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Asset panic leading to liquidity problems, hmm. I do believe I have seen this before.


www.reuters.com/business/finance/blackstone-limits-redemptions-69-billion-reit-2022-12-01/

 

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