Real Estate Fundraising Plummets to $67 Billion in first half of 2023

In the initial six months of 2023, the amount of money raised for real estate plummeted to $66.8 billion (€64 billion). This is a significant drop from the $159.5 billion amassed during the same timeframe in 2022, as per the H1 2023 Global Real Estate Report by PitchBook. During this year, only 87 funds have succeeded in accumulating capital for real estate ventures. This is in stark contrast to the 476 funds that managed to do so last year. The report from PitchBook, a financial