15 Questions
What percentage of Breit's 2023 distributions were covered by cash flow from operations?
More than 95%
What is the annualized total return of Breit since its creation, according to Blackstone's calculations?
10.5%
What is the impact on investors' overall returns if Breit has a shortfall in covering distributions with cash flow?
It will have no impact on investors' overall returns
What was the significant draw for many investors who invested in Breit between 2017 and 2022?
The fund's distribution yield of 4.6%
According to Breit's financial filings, what could be the potential impacts of being unable to generate enough cash flow to fully fund the distribution?
Additional borrowings, asset sales, or a return of investor capital
How does Blackstone ensure that any excess distributions in Breit are handled?
Excess distributions are fully reflected in Breit's reported net asset value.
What measures can Breit resort to if it is unable to generate enough cash flow from operations to fully fund the distribution?
Additional borrowings, asset sales, or a return of investor capital
What was the reason behind Blackstone putting limits on redemption requests from cash-hungry investors in December 2022?
Heightened anxiety over real estate values
What impact might a shortfall in covering distributions with cash flow have on the investors?
The return on investment may be reduced.
What was the distribution yield that attracted many investors to Breit between 2017 and 2022?
4.6 per cent
What impact does Blackstone claim an excess distribution in Breit has on investors' total returns?
Zero impact
How does Breit warn investors it may handle a shortfall in generating cash flow to fund distributions?
Through additional borrowings, asset sales, or return of investor capital
What was the liquidity amount disclosed by Breit to investors?
More than $8bn
Why did Blackstone impose limits on redemption requests from investors in December 2022?
Flurry of redemption requests from cash-hungry investors
What was the distribution yield featured in Blackstone's marketing materials for Breit that attracted many investors?
4.6%
Breit mcq
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