Blackstone blocks redemptions from its $70b REIT again in March

Blackstone blocks redemptions from its $70b REIT again in March

FILE PHOTO: Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. REUTERS/Andrew Kelly

Blackstone Inc said on Monday it had again blocked withdrawals from its $70 billion real estate income trust in March as the private equity firm faced a flurry of redemption requests.

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