Closed End Funds
Blackstone Real Estate Income Funds
 
Blackstone Real Estate Income Fund
(as of 06/30/2014)
Blackstone Real Estate Income Fund II
(as of 06/30/2014)
(as of 06/30/2014)

All investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. All investors are urged to read the prospectus carefully before investing.
This page is not an offer to sell or a solicitation of an offer to buy the Fund’s securities. An investment in the Fund is appropriate only for investors that are "qualified clients" (as defined in the Investment Advisers Act of 1940) who can tolerate a high degree of risk and do not require a liquid investment. The Fund’s investments are subject to substantial risks, including loss of all or a substantial portion of the investment due to leveraging, short-selling, or other speculative practices, lack of liquidity and volatility of returns.
BREIF I: Blackstone Real Estate Income Fund

BREIF II: Blackstone Real Estate Income Fund II

Year
Record Date Payable Date
Fund / Share Class
Per Share
Amount

Distribution Type
Selection
19a Notice
2014 June 30 July 16 BREIF – Common $2.13 Ordinary Income N/A
      BREIF II – Advisor Class I $4.39 Ordinary Income N/A
      BREIF II – Institutional Class II $4.12 Ordinary Income N/A
Past distributions are not indicative of future distributions. Distributions may fluctuate from time to time and are not guaranteed.
All investors should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. All investors are urged to read the prospectus carefully before investing.
This page is not an offer to sell or a solicitation of an offer to buy the Fund’s securities. An investment in the Fund is appropriate only for investors that are "qualified clients" (as defined in the Investment Advisers Act of 1940) who can tolerate a high degree of risk and do not require a liquid investment. The Fund’s investments are subject to substantial risks, including loss of all or a substantial portion of the investment due to leveraging, short-selling, or other speculative practices, lack of liquidity and volatility of returns.

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