Business Segments · Management And Advisory Fees Net
Real Estate — Management And Advisory Fees Net
Blackstone Real Estate — Management And Advisory Fees Net decreased by 1.1% to $680.99M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.0%, from $701.84M to $680.99M. Over 4 years (FY 2021 to FY 2025), Real Estate — Management And Advisory Fees Net shows an upward trend with a 7.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2017
Last reportedQ4 2025
How to read this metric
Higher net fees indicate strong growth in fee-earning assets and successful advisory operations.
Detailed definition
The total net revenue generated from management and advisory activities within the real estate segment after accounting...
Peer comparison
Standard 'Net Management and Advisory Fee' revenue for asset managers.
Metric ID:
bx_segment_real_estate_management_and_advisory_fees_netHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $491.25M | $538.74M | $570.74M | $619.71M | $658.04M | $663.11M | $682.21M | $715.49M | $728.74M | $700.63M | $698.50M | $720.44M | $757.46M | $695.55M | $701.84M | $700.85M | $711.29M | $688.80M | $680.99M |
| QoQ Change | — | +9.7% | +5.9% | +8.6% | +6.2% | +0.8% | +2.9% | +4.9% | +1.9% | -3.9% | -0.3% | +3.1% | +5.1% | -8.2% | +0.9% | -0.1% | +1.5% | -3.2% | -1.1% |
| YoY Change | — | — | — | — | +34.0% | +23.1% | +19.5% | +15.5% | +10.7% | +5.7% | +2.4% | +0.7% | +3.9% | -0.7% | +0.5% | -2.7% | -6.1% | -1.0% | -3.0% |
Range$491.25M – $757.46M
CAGR+7.5%
Avg YoY Growth+6.8%
Median YoY Growth+2.4%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Blackstone's real estate — management and advisory fees net?
- Blackstone (BX) reported real estate — management and advisory fees net of $680.99M in Q4 2025.
- How has Blackstone's real estate — management and advisory fees net changed year-over-year?
- Blackstone's real estate — management and advisory fees net decreased by 3.0% year-over-year, from $701.84M to $680.99M.
- What is the long-term trend for Blackstone's real estate — management and advisory fees net?
- Over 4 years (2021 to 2025), Blackstone's real estate — management and advisory fees net has grown at a 7.9% compound annual growth rate (CAGR), from $2.05B to $2.78B.
- What does real estate — management and advisory fees net mean?
- The total net income from managing real estate assets and providing related advisory services.