X0306 4 2021-05-03 0 0001662972 Blackstone Real Estate Income Trust, Inc. NONE 0001736029 Agarwal A.J. C/O BLACKSTONE REAL ESTATE INCOME TRUST, INC. 345 PARK AVENUE NEW YORK NY 10154 1 1 0 0 President Class I Common Stock 2021-05-03 4 P 0 84059.043 11.8964 A 273697.213 D Class I Common Stock 348785.736 I See footnote These shares are held in a trust for the benefit of the Reporting Person's family, of which the Reporting Person is trustee. The Reporting Person disclaims beneficial ownership of the securities reported as indirectly owned on this form except to the extent of his pecuniary interest therein. /s/ Leon Volchyok, Attorney-in-Fact 2021-05-03