Blackstone, $BX, has again blocked withdrawals from its $70 billion real estate income trust in March

Blackstone, $BX, has again blocked withdrawals from its $70 billion real estate income trust in March.

BREIT fulfilled March withdrawal requests of $666 million, representing only 15% of the $4.5 billion in total redemption requests for the month, per Reuters.

Total redemption requests for March were 15% higher than the approximately $3.9 billion demanded by investors in February.

In February, Blackstone, $BX, blocked withdrawals from its $69 billion real estate income trust.

BREIT said it fulfilled redemption requests of about $1.3 billion in January, representing 25% of the approximately $5.3 billion of the total withdrawal requests it had received during the month, per Reuters.

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