Tue, Jan 21, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Global real estate fundraising sets new record in 2019 at $151bn

Tuesday, January 14, 2020

Laxman Pai, Opalesque Asia:

The global real estate fundraising exceeded $150bn for the first time in 2019, says a recent study by the research firm Preqin, as the 295 funds have reached a final close through the year secured a collective $151bn.

"Real estate fundraising hit a new high in 2019, surpassing the high-water mark of $148bn set in 2008," said Justin Hall, Head of Real Estate at Preqin. "Concerns of a potential market slowdown have led investors to commit more capital to alternative assets, and real estate has benefited from a huge influx of capital in the past five years."

While impressive amounts of capital were raised, the number of vehicles reaching a final close declined sharply. In 2019, only 295 funds closed, which means funds are getting larger - the average size of funds reached $625mn.

Fund managers have capitalized on that success, bringing a record number of funds to market. At the start of 2020, there are 918 real estate vehicles seeking a total of $281bn from investors.

But even as fundraising has hit new highs, dealmaking has stuttered. The year saw substantial activity, with 9,300 deals announced worth a combined $410bn. But this does not match the record year seen in 2018 when almost 9,800 deals were recorded with a total value of $457bn.

In a positive sign for fund managers, they did manage to deploy significant amounts of capital, and dry powder actually decreased slightly from $331bn at the end of 2018 to $319bn a year later.......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Siguler Guff closes Small Buyout Opportunities Fund IV at $1.58bn[more]

    Laxman Pai, Opalesque Asia: Private investment firm Siguler Guff & Co. has raised $1.58bn for a fourth fund - Small Buyout Opportunities Fund IV - to invest with small buyout managers and directly in their portfolio companies. The New York-based multi-strategy private equity investment firm

  2. J.P. Morgan makes strategic investment in tech company for alternatives[more]

    Laxman Pai, Opalesque Asia: J.P. Morgan has taken an equity stake in Arcesium, an investment-management technology business that D.E. Shaw & Co. launched as an independent company in 2015. New York-based Arcesium LLC is an investment management technology and services firm, offering services i

  3. People: Hedge fund godfather Lord Fink to chair HSBC backed tech start-up Bud, Swiss investment boutique appoints CIO & CCO[more]

    Hedge fund godfather Lord Fink to chair HSBC backed tech start-up Bud From Standard: Hedge fund tycoon Lord Fink has been named chairman of bank software start-up Bud, which is backed by HSBC and Goldman Sachs. Fink, dubbed the "Godfather of hedge funds" for his role at Man Group, inves

  4. Legal: Hedge-fund Felon hid criminal past to woo crypto investors, U.S. charges, Partners Group sued over alleged breach of non-disclosure agreements[more]

    Hedge-fund Felon hid criminal past to woo crypto investors, U.S. charges From Bloomberg: A Toronto man who served time in prison after his hedge fund collapsed later concealed his identity and criminal past to defraud investors of $30 million through an initial coin offering of digital

  5. Regulatory: Woodford fund shows vulnerable side of shadow banking, regulator says, A new framework for Cayman's regulatory regime for investment funds[more]

    Woodford fund shows vulnerable side of shadow banking, regulator says From Reuters: The closure of the Woodford fund in Britain showed how the $184 trillion shadow-banking sector can be vulnerable even in normal market conditions, the Financial Stability Board (FSB) said in a report on