Preqin Quarterly Update: Real Estate, Q3 2019 provides a detailed look at fundraising, funds in market, investors, deals and performance.  The threat of slowing economic growth and increasing political risk hangs over the final quarter of 2019. In spite of this, industry fundamentals appear strong:…

The real estate industry has been running slightly counter-cyclical to the wider private capital industry in recent quarters. While fundraising in private equity and private debt has been declining since the mid­dle of 2018, real estate funds surged to their highest fundraising in over a year in Q1.…

Although fewer real estate funds closed in Q1 2019 than Q4 2018, fundraising momentum remains strong in historical context, with almost $40bn raised in the quarter. We look at funds currently in market alongside investors’ plans for the year ahead to see what 2019 could bring, plus the latest data o…

Fundraising for these real estate vehicles is lacklustre as the industry awaits final regulatory guidelines from the US Treasury

The real estate asset class is currently seeing a disparity between the managers unable to reach a final close and those funds exceeding their target size in the fundraising period. In this Quarterly Update we provide fundraising, performance and deals statistics for Q3, as well as investor searches…

The private real estate industry entered Q2 on the back of the best opening quarter in recent history, yet this momentum did not continue, with concerns over a downturn still evident amid weak fundraising and deal flow figures. Even without the level of $1bn+ fundraises we saw in Q1, the average fun…

Private real estate fundraising has had a near-record quarter in Q1 with $33bn raised, defying the concerns highlighted in our investor and fund manager interviews at the end of 2017. While this does signify the depth of opportunities that participants feel are available in the market, it is notable…

Over the past few quarters, real estate fundraising has struggled to remain consistent, and 2017 is on course to see one of the lowest totals in the past five years. The number of funds closed in Q3 was just over half that seen in Q2, and aggregate capital raised in the quarter is following a simila…

How Mexico is laying the groundwork for significant alternatives opportunity. Mexico has lately bobbled in and out of favour with global investors. Recent news media on the country’s trade debates with the US has broadcasted mixed signals on the economic policy of Mexico’s newly elected President A…

Managers in the region are providing investors with outsized returns to compensate for risk. Although the majority of European capital is concentrated among Western Europe-based managers, Nordic-based fund managers have offered investors the largest return compared with firms in Western Europe and …

Real estate fundraising figures for Q2 2017  reveal that opportunities may be in short supply: the 45 funds closed represent the lowest quarterly total since 2010; however, a significant $29bn in capital has been secured. The record level of dry powder waiting to be deployed is fuelling these concer…

Fundraising for private real estate slowed in Q1 2017 compared with recent quarters, with just 38 funds reaching a final close, raising an aggregate $16bn. Despite fund managers holding record levels of dry powder, deal activity has fallen in comparison with recent quarters. The number of completed …

Thirty-one private real estate funds reached a final close in Q3 2016, collectively raising $18.5bn – a slowdown compared with Q2. However, the 808 completed PERE deals resulted in the second highest quarter for deal activity since the beginning of 2014. In terms of performance, closed-end private r…

Although fewer funds closed in Q2 than Q1, the trend of capital concentration in private real estate asset class has continued, with fierce competition for investor capital and more funds currently in market targeting greater amounts of capital than seen in recent years. Performance also remained st…

The real estate industry has been running slightly counter-cyclical to the wider private capital industry in recent quarters. While fundraising in private equity and private debt has been declining since the middle of 2018, real estate funds surged to their highest fundraising in over a year in Q1. …

Amid a relatively strong quarter for fundraising (44 funds closed securing $21bn), the largest real estate firms still dominate the market: two-thirds of capital raised in Q1 2016 came from the top 10 largest funds to close. With continued demand for real estate and the resulting increase in valuati…

Preqin’s very first Japan-focused report, the recently released Preqin Investor Outlook: Alternatives in Japan, dives into the past, present and future of the alternative investment landscape in the country. Among the issues and trends discussed in the report, which also features insights from local…

This contribution is provided by Stu Taub, National Real Estate Industry Leader & Troy Merkel, Partner and Real Estate Senior Analyst at RSM.