$BSTT·8-K

Blackstone Real Estate Income Trust, Inc. · Jun 30, 4:07 PM ET

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Blackstone Real Estate Income Trust, Inc. 8-K

Research Summary

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Blackstone Real Estate Income Trust: 2026 Meeting Results & June Distributions

What Happened

  • Blackstone Real Estate Income Trust, Inc. (BSTT) held its 2026 Annual Meeting of Stockholders on June 30, 2026. A quorum was present with 1,877,146,255 shares represented (about 53.09% of 3,535,404,054 outstanding shares).
  • Eight directors were elected to the Board to serve until the next annual meeting: Katharine A. Keenan; A.J. Agarwal; Frank Cohen; Raymond J. Beier; Susan Carras; Richard I. Gilchrist; Field Griffith; and Edward Lewis. For-vote totals ranged roughly from 1.55 billion to 1.62 billion shares per nominee.
  • Stockholders ratified Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 (1,823,908,337 votes for; 14,808,059 against; 38,429,859 abstentions).
  • The Company also declared June 2026 distributions of $0.0553 gross per share for each active class. Net distributions (after stockholder servicing fees) vary by class and will be paid on or about July 20, 2026 to holders of record as of June 30, 2026; payment may be in cash or reinvested under the distribution reinvestment plan. Class C is an accumulating class and no cash distribution was presented.

Key Details

  • Quorum: 1,877,146,255 shares present (≈53.09% of 3,535,404,054 outstanding shares).
  • Directors elected (8): Keenan, Agarwal, Cohen, Beier, Carras, Gilchrist, Griffith, Lewis — all elected with for-vote totals between ~1.55B and ~1.62B.
  • Auditor ratification: Deloitte & Touche LLP — For: 1,823,908,337; Against: 14,808,059; Abstain: 38,429,859.
  • June 2026 distributions (gross = $0.0553/share). Example net amounts: Class I $0.0553; Class S $0.0451; Class D $0.0524; Class T $0.0453; Class L $0.0553. Record date: June 30, 2026; payment ~July 20, 2026. Class C accrues to NAV (no current cash distribution).

Why It Matters

  • For income investors, the declared distributions and payment/reinvestment options determine near-term cash flows or additional share purchases under the reinvestment plan.
  • Board election results and auditor ratification signal governance continuity and oversight consistency — important for investor confidence and ongoing reporting integrity.
  • The variety in net distribution amounts across share classes reflects differing servicing fees that affect the cash received by holders of each class.

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