BX · News · 20260917N

BPP Fund Secondary Sale

Blackstone Inc. · 2026-09-17 · Importance 52 · Surprise 42

Blackstone is exploring a secondary sale of its $11 billion BPP U.S. real estate fund. The transaction would give existing investors a liquidity option amid exit demand linked to real-estate revenue performance issues and interest-rate increases since 2022. Other firms, including Invesco, are also using secondary markets to facilitate real-estate investor exits.

Key facts