Hints and tips:
...Breit discloses other metrics more commonly used by public real estate investment trusts....
...UK investors have pulled out of investment funds over the past two years, withdrawing £12bn in 2022 and £11.9bn in the 10 months to October 2023, according to the Investment Association....
...Breit reported returns of 8.4 per cent last year, even as a broad basket of public real estate investment trusts tracked by index provider MSCI lost about one-quarter of its value....
...new investment....
...“We are pleased to report that Blackstone Real Estate Income Trust fulfilled 100% of repurchase requests in February,” Blackstone said in the letter....
...It is much nicer getting a discount on a new sofa you are buying than on a UK investment trust you already own....
...Hedge fund Muddy Waters on Wednesday revealed a bet against a publicly listed real estate investment trust managed by private equity giant Blackstone....
...“I want to thank our shareholders for their trust and confidence in our board and management,” Iger said....
...It has had to limit investor redemptions from its flagship Blackstone Real Estate Income Trust....
...Blackstone announced that it had set aside $1bn to buy music in partnership with Merck Mercuriadis’s Hipgnosis investment trust, noting his “vision and dynamism”....
...The company isn’t getting much from the special purpose acquisition company trust, which has about $20mn left after more than 90 per cent of shareholders decided to redeem....
...overseeing its climate investments....
...Viggiano had “betrayed the trust of his employers by tipping his friends with material non-public information, undermining the integrity of our financial markets in the process”, said Damian Williams, the...
...The wave of dealmaking included taking four publicly listed real estate investment trusts private....
...Founder-manager Merck Mercuriadis would turn up in places not typically associated with closed-end investment trusts, such as the cover of Billboard magazine and backstage at the MTV Music Awards....
...investment strategies....
...They took a sleepy investment trust and focused it on forestry and other renewable assets. Assets under management have tripled to £7.8bn in the three years to December 2022....
...The remaining shares are held by a Fuchs family member outside the family trust....
...trust has served as a timely reminder of one of the more notable developments in finance in recent times — the large-scale move of investment institutions into ownership of the physical world around us....
...Baillie Gifford’s Scottish Mortgage Investment Trust has urged shareholders to remain “disciplined and patient” as it defended its investment approach after a “painful” year in which its shares have dropped...
...In today’s newsletter: Dealmakers walk a geopolitical tightrope in Hong Kong Vivendi hits back at Telecom Italia’s board Consultancies curb new hire salaries A powerful LP in a complicated world In...
...UK real estate investment trusts tracked by Numis are trading at an average discount of 24 per cent to net asset value....
...Withdrawal requests at the $70bn Blackstone Real Estate Income Trust (Breit) rose 15 per cent in March after the collapse of Silicon Valley Bank, to $4.5bn....
...UC, a longtime Blackstone backer, has committed to hold its investment for six years. UC however did so by securing a minimum return of 11.25 per cent....
...A reminder: BREIT is non-traded, private real estate investment trust that handles investors’ inflows and outflows by selling or repurchasing shares on a monthly basis....
International Edition