Real estate raises $37bn in Q3

Real estate has scooped $37bn in Q3, bringing the total amount of capital raised so far in 2019 to $121bn, new research shows.  According to Prequin’s quarterly update on the sector for Q3 2019, 48 funds closed this quarter, with Blackstone leading the way by raising the largest ever closed-end private real estate fund with $20.5bn. North American funds accounted for 76% of aggregate capital raised, and of those private real estate funds closed so far in 2019, two thirds achieved or surpassed their targets. However, investor confidence has dampened compared with the previous comparable period in 2018, with