realestate

Blackstone Secures $8 Billion for New Real Estate Debt Investment Fund

Blackstone Closes BREDS V with $8 Billion in Total Capital Commitments.

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lackstone's latest real estate debt fund, BREDS V, has reached its final close with a substantial $8 billion in total capital commitments. This milestone marks another significant achievement for Blackstone Real Estate Debt Strategies, which boasts an impressive $77 billion in assets under management and a global team of over 170 professionals.

    As the largest owner of commercial real estate worldwide, Blackstone's expertise spans every major geography and sector, including logistics, data centers, residential, office, and hospitality. With a history dating back to 1991, the company has grown to manage $315 billion in investor capital.

    BREDS V is uniquely positioned to capitalize on global opportunities, deploying flexible capital across various strategies such as global scale lending, liquid securities, and structured solutions for financial institutions and corporate credit. According to Tim Johnson, Global Head of Blackstone Real Estate Debt Strategies, "We're grateful for our investors' trust in allocating this significant amount of capital during a period of market uncertainty. With the support of our global platform, we're confident that BREDS V will thrive in this attractive investment environment."

Blackstone launches $8 billion real estate debt investment fund globally.