Redemption requests for Blackstone Real Estate Income Trust's (BREIT) fund dropped for the fifth consecutive month in September.

BREIT said in a letter to stockholders that it received $2.1B in redemption requests in September, a 28% drop in requests over the amount investors sought to pull out of the $67B fund in August.

"We were pleased to see September repurchase requests decline meaningfully from the January peak to the lowest level since October 2022," Blackstone said, in a statement provided to Globe St.

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