Blackstone REIT says redemption requests declined in June

Blackstone REIT says redemption requests declined in June

Blackstone (BX.N) Real Estate Income Trust (BREIT) said on Monday that redemption requests declined in June after months of turmoil that led to the private equity firm limiting investor withdrawals “In June 2023, BREIT received $3.8 billion in requests under the...
L3Harris Explores Sale of $1bn Avionics Unit

L3Harris Explores Sale of $1bn Avionics Unit

L3Harris Technologies Inc., the aerospace and defence company, is exploring a sale of its avionics business, according to people with knowledge of the matter. The US company is working with an adviser on the sale, which could fetch about $1 billion based on typical...