Blackstone is reportedly seeking buyers for a secondary sale of stakes in its Blackstone Property Partners fund.
The move aims to provide liquidity for investors facing redemption requests as high interest rates pressure fund returns.
Rising borrowing costs have weighed on property valuations, creating a challenging environment for real estate investments.
This formal secondary process allows Blackstone to manage cash demands without disrupting fund operations.
Blackstone shares rose in pre-market trading following the report.