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Blackstone REIT turns a corner after years of redemption pressure

Fund attracts more capital than it lost for first time since withdrawals surged in 2022
DC2 is part of the newly built New Albany 2 data center campus of QTS in greater Columbus, Ohio. (CoStar)
DC2 is part of the newly built New Albany 2 data center campus of QTS in greater Columbus, Ohio. (CoStar)

Blackstone's real estate investment trust, with nearly $94 billion in assets, just achieved a milestone it hasn't been able to reach in almost four years.

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