Global capital raised for non-listed real estate in 2023 was the lowest since 2016
Global investment managers raised some $129 billion of new capital for non-listed real estate in 2023, representing a 51 percent decline from the previous year and the lowest level since 2016, according to the results of a survey published on Wednesday.
The poll of 83 respondents from 19 countries across Asia Pacific, Europe and North America revealed respective year-on-year declines of 55 percent, 41 percent and 62 percent in new capital raised by managers domiciled in those regions, as high interest rates…
