Who We Are

We are the largest real estate private equity firm in the world today with $102 billion of assets under management. We operate around the globe with investments and people in North America, Europe, Asia and Latin America. We seek to generate attractive risk-adjusted returns for our investors across cycles and over the long term. The Blackstone Real Estate platform encompasses investments across the risk spectrum from opportunistic to core+ to debt.

We seek to acquire high quality investments at discounts to replacement cost. We then improve the properties through hands-on management and targeted value-add initiatives. Our efforts result in solid returns for investors and strong economic assets for communities. Blackstone’s real estate portfolio includes office, retail, hotel, industrial and residential properties. Major holdings include Hilton Worldwide, Invitation Homes (single family homes), Logicor (pan-European logistics), SCPG (Chinese shopping malls), and prime office buildings in the world’s major cities. Blackstone real estate also operates one of the leading real estate finance platforms, including management of the publicly traded Blackstone Mortgage Trust (NYSE:BXMT).

$102b of
Investor Capital
Blackstone’s proprietary data enables it to target specific themes with conviction and deploy significant amounts of discretionary capital. Blackstone Real Estate deployed more than $62.5b* of discretionary capital since the global financial crisis.
Nearly $200b Value of
Gross Assets
The breadth of Blackstone Real Estate’s portfolio provides valuable real-time proprietary market data. We believe this information enables Blackstone to identify mispriced and/or out-of-favor asset classes more rapidly than its competitors.

420+ Real Estate
Professionals
The team consists of over 420 real estate professionals in 12 offices around the globe. We believe this breadth enables Blackstone to identify and evaluate opportunities worldwide.
$102billion
Total Assets Under Management
By investing in real estate assets around the globe, we’re helping to build a secure financial future for millions of employees, retirees, schools, non-profit organizations and others. We’re enhancing the value of properties that anchor communities and create good jobs.
- Jonathan D. Gray
Global Head of Real Estate


Opportunistic

Buy it, Fix it, Sell it. Our opportunistic platform employs a straightforward investment strategy. We seek to acquire high quality, well located assets at discounts to replacement cost, address any property or business issues through aggressive asset management, and sell the assets once Blackstone Real Estate’s objectives are accomplished.


Core+

Blackstone Real Estate’s Core+ business seeks to leverage Blackstone’s “buy it, fix it” strategy to deliver compelling risk-adjusted returns in the core+ space. We target high quality assets in gateway cities with a more modest risk profile, longer hold periods, and a significant current income component.


Debt

With over $34 billion of loans made or acquired since its inception in 2008, Blackstone Real Estate’s debt strategies group has established itself as a leading platform providing creative lending solutions.

our approach
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Buy it
We acquire high-quality, income-producing assets at discounts to replacement cost.
Fix it
We unlock value by proactively addressing any physical or operating issues through aggressive asset management.
Sell it
Once assets are stabilized we sell the investments to long term real estate holders and return capital to our investors.
 


One Global Organization

Blackstone Real Estate is a deeply integrated global business that relies on constant communication, frequent asset strategy reviews with the entire global team, and relocations of professionals among its offices in order to effectively instill its process and culture worldwide. Blackstone Real Estate has one centralized investment committee that meets weekly to carefully review and challenge every investment around the world. This committee is comprised of the 25 real estate partners who average 12 years at the firm (SMDs).


Blackstone Advantage

Blackstone Real Estate’s unparalleled relationships within the industry allow Blackstone to identify and execute large complicated transactions with speed and certainty at attractive pricing metrics. Blackstone has operating platforms dedicated to logistics, office, hotel, retail, residential and loan servicing. These platforms provide invaluable real-time proprietary market data informing our team of market and property conditions and trends.


Uniquely Positioned

Our large discretionary capital base, global footprint, and dominant competitive position support our strategy of investing with conviction. The ability to execute in scale with speed and certainty makes Blackstone Real Estate a compelling solution for sellers and borrowers.

 

Our Portfolio