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Blackstone REIT Offers Sweet Deal on $4 Billion Cash Infusion

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Blackstone


‘s big retail real estate fund received a $4 billion investment from the Regents of the University of California, the company said Tuesday.

The infusion by UC Investments amounts to an important endorsement for the


Blackstone


Real Estate Income Trust, known as BREIT, which has been facing increased requests for investor redemptions.

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