Why capital raising in real estate was skewed in Q3

The health of the real estate market in Q3 was distorted by the strong outperformance of one single fund, which represented more than 50% of all capital raised in the sector over that period.According to bfinance’s latest report, the Blackstone XI Opportunity fund accrued more than $20 billion (€17.9 billion) over the quarter, compared to just over $37 billion for the sector as a whole.In the report, which focuses on private market trends, bfinance said the real estate market is increasingly dependent on the significance of mega funds. However, bfinance said there is a growing trend towards impact-focused investments.