A slowdown in capital raised by North America-focused real estate funds led to a steep drop in global fundraising for the asset class in the third quarter, according to our latest update. In contrast, Europe-focused funds stood out, with quarterly fundraising growing 50%.
Several large commitments to Europe-focused funds in the third quarter reflect growing investor interest in the region
Deal-making in Europe slowed after a strong second quarter, while North America real estate deal value remained stable
The residential sector is the most sought-after among investors, with its proportion of the total global real estate transaction value up in the third quarter