Blackstone Real Estate Income Trust, Inc. Q2 FY26 Results

Summary

Blackstone Real Estate Income Trust, Inc. (BREIT) has announced preliminary estimated unaudited financial results for the six months ended June 30, 2026. The company anticipates that its same property Net Operating Income (NOI) for the period will show an approximate 3% increase compared to the same period in the prior year. BREIT utilizes same property NOI as a key performance indicator, excluding acquisitions and dispositions, to provide a more comparable view of operating performance. Investors should note that these are preliminary estimates, and actual results may differ materially.

Key Highlights

1. 1

   Blackstone Real Estate Income Trust, Inc. announced preliminary estimated same property Net Operating Income (NOI) for the six months ended June 30, 2026, is expected to have increased approximately 3% from the same period in the prior year.

2. 2

   The company expects same property NOI for the six months ended June 30, 2026 to be within a preliminary estimated range.

3. 3

   NOI is a non-GAAP measure used to evaluate the impact of occupancy, rents, leasing activity, and other controllable property operating results.

4. 4

   The company evaluates its consolidated results on a same property basis, excluding acquisitions and dispositions, to analyze operating results.

5. 5

   Properties are considered same property if owned for the full periods presented, excluding recently developed properties until stabilization.

6. 6

   Same property NOI assists in eliminating disparities due to property acquisitions, dispositions, development, or redevelopment.