Private real estate fundraising declined in Q3, with 38 funds reaching a final close.

According to Preqin's 3Q Private Equity Real Estate fundraising report, private real estate fundraising declined in Q3, with 38 funds reaching a final close, securing an aggregate $20bn, a 41% decrease in capital raised from the previous quarter. As in the previous quarter, opportunistic funds raised the largest share of aggregate capital in Q3, despite fewer fund closures than value added (13) and debt funds (8). The Report can be found at: www.preqin.com/docs/quarterly/re/Preqin-Quarterly-Real-Estate-Update-Q3-2017.pdf