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The financial giant blocks the redemptions of a real estate fund (Reit), they had exceeded the thresholds. For the IMF, this is a potential systemic risk. Is it just a hiccup?
of the Long Son
The question that arises is whether it is an isolated case. Or rather the tip of the iceberg. The fact that the financial giant Blackstone has limited redemptions in one of its REIT funds (Real estate investment trust, US real estate fund), because they had exceeded the guard thresholds, can only be a hiccup. After all, given that this specific 69 billion dollar Reit is not listed on the stock exchange, the blockade is triggered automatically when redemptions exceed certain thresholds. Yet some…