BX · 10-Q · 2026Q3 · Full report

Real Estate Market Demand Trends

Blackstone Inc. · 2026-11-06 · Importance 31 · Surprise 32

Blackstone reported modestly lower overall real estate values in the third quarter of 2026, with multifamily holdings disproportionately affected by the volatile interest-rate environment. Digital infrastructure investments provided positive momentum, while U.S. logistics leasing activity meaningfully re-accelerated and new supply declined. Blackstone said stronger fundamentals in these sectors should support portfolio values over time, although higher base rates and continued volatility were weighing on commercial real estate recovery and transaction activity.

Key facts

• Blackstone said accelerating digital infrastructure demand, re-accelerating U.S. logistics leasing and declining new supply should support Real Estate portfolio values over time. source