Real Estate Q1 2026: Preqin Quarterly Update

Real estate fundraising softens, with mega fund closes in 2025 absorbing much of the available capital, but a bright spot is evident in the value-added strategy

• Global real estate fundraising declined sharply in Q1 2026 – by approximately 50% quarter on quarter

• Value-added funds recorded their strongest quarterly fundraising total since Q1 2025, standing out amid an otherwise subdued environment

• Private real estate deal activity weakened materially, with quarterly deal value falling to its lowest point since early 2024