Decline in Real Estate Secondaries Fundraising for 2024

April 1, 2025 - 08:20

Recent data reveals a notable decrease in fundraising for real estate secondaries in 2024. Despite this downturn, both investors and managers remain committed to the strategy, particularly in North America. The landscape of real estate investment continues to evolve, with many stakeholders recognizing the potential benefits of secondaries as a means to enhance portfolio liquidity and diversify risk.

In North America, the appetite for secondaries persists, driven by a combination of market dynamics and investor demand for flexible investment options. Managers are adapting their strategies to meet the changing needs of investors, focusing on innovative approaches to capitalize on opportunities within the secondary market.

While the overall fundraising numbers may reflect a contraction, the continued interest in real estate secondaries indicates a resilient market. As investors navigate a complex economic environment, the strategy may still play a vital role in their investment portfolios, offering pathways to access high-quality assets and mitigate potential downturns.