DOWNLOAD: GLP leads H1 fundraising as industrial dominates

The industrial manager closed on three of the top 10 largest funds in the first half of the year, making it the biggest fundraiser during the period.

Click the top right of the report to view it full screen

Industrial heavyweight GLP was private real estate’s biggest fundraiser in the first half of 2022, reflecting investors’ growing interest in the logistics sector, according to PERE’s latest fundraising report.

GLP raised three of the top 10 largest private real estate-focused funds closed in H1 2022. GLP China Income Partners V, GLP Japan Development Partners IV and GLP China Logistics Fund III together corralled over $10 billion during this period. Industrial also overtook multifamily to become the most popular sector among sector-specific funds, garnering around $13.6 billion during the first half of the year.

Real estate debt continued its upward trajectory from Q1 2022 as the most popular strategy for investors, raising $23.7 billion in H1 2022. This represents 33 percent of the total capital raised during the period. The large percentage figure can be attributed to the fact that seven of the top 10 largest funds closed in H1 were debt funds.

Proptech was also included as a strategy in PERE’s fundraising report for the first time. The sector raised $438 million over three funds in H1 2022, representing less than 1 percent of the total capital raised so far.

Check out our interactive report above for a more in-depth analysis of fundraising activity through H1 2022 and click here to download the data.