Business Segments · Fund Distributions

Real Estate — Fund Distributions

Blackstone Real Estate — Fund Distributions decreased by 35.5% to $107.82M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 24.4%, from $86.69M to $107.82M. Over 4 years (FY 2021 to FY 2025), Real Estate — Fund Distributions shows a downward trend with a -29.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ4 2025

How to read this metric

Higher distributions indicate successful asset exits and liquidity events, signaling strong performance and investor satisfaction.

Detailed definition

Represents the cash or assets returned to investors from the real estate funds managed by the segment. This metric track...

Peer comparison

Similar to 'Capital Distributions' or 'Cash Returned to LPs' at other private market firms.

Metric ID: bx_segment_real_estate_fund_distributions

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$436.95M$196.08M$660.84M$1.84B$2.75B$264.33M$221.19M$404.08M$99.06M$183.73M$83.32M$183.11M$168.65M$80.36M$86.69M$19.18M$91.90M$167.20M$107.82M
QoQ Change-55.1%+237.0%+177.9%+50.0%-90.4%-16.3%+82.7%-75.5%+85.5%-54.6%+119.8%-7.9%-52.4%+7.9%-77.9%+379.2%+81.9%-35.5%
YoY Change+530.4%+34.8%-66.5%-78.0%-96.4%-30.5%-62.3%-54.7%+70.3%-56.3%+4.0%-89.5%-45.5%+108.1%+24.4%
Range$19.18M$2.75B
CAGR-26.7%
Avg YoY Growth+12.8%
Median YoY Growth-45.5%

Frequently Asked Questions

What is Blackstone's real estate — fund distributions?
Blackstone (BX) reported real estate — fund distributions of $107.82M in Q4 2025.
How has Blackstone's real estate — fund distributions changed year-over-year?
Blackstone's real estate — fund distributions increased by 24.4% year-over-year, from $86.69M to $107.82M.
What is the long-term trend for Blackstone's real estate — fund distributions?
Over 4 years (2021 to 2025), Blackstone's real estate — fund distributions has grown at a -29.5% compound annual growth rate (CAGR), from $1.56B to $386.10M.
What does real estate — fund distributions mean?
Cash or assets paid out to investors from the real estate funds.