Real Estate Fundraising Report: High Interest Rates Will Deter Dealmaking in 2024

Preqin, the global firm focused on alternative assets data, tools, and insights, published its Preqin Global Report 2024: Real Estate. The report shows that high interest rates will “continue to deter real estate fundraising and dealmaking in 2024, while also outlining a shift towards opportunistic and distressed strategies, and the need for small fund managers to adapt to the changing environment.” As noted in the update, private real estate fundraising “has dropped in 2023 to