Fewer funds closed and secured less investment, says Preqin
Aggregate deal value in Asia dropped by 80% compared with the previous quarter
A Preqin survey found 23% of investors expect the asset class to perform worse in the next 12 months
Fundraising for closed-end private real estate funds hit a five-year low in the second quarter
More private equity deals were done in the industrial sector than in retail in 2018.
Some 298 funds totalling $118bn closed in 2018, compared with $132bn across 406 funds in 2017
The number of private real estate funds closed in the past quarter hit their lowest level in more than seven years, according to Preqin’s latest fundraising update
Global real estate funds have returned more than $100bn to investors every year since 2013, says Preqin’s latest Global Real Estate Report