Presenting the world’s largest private real estate firms
In the 2021 iteration of the PERE 100, the covid-19 pandemic’s impact on the private real estate industry was clear to see. The lowest year-on-year fundraising growth since the ranking’s inception paired with muted investment activity levels revealed a market that was adversely impacted.
This year’s iteration demonstrates a market again thriving. Our signature ranking of private real estate managers by equity raised for discretionary value-add or opportunistic strategies in the last five years shows how the industry has navigated its way through the pandemic-addled fog and has focused on its recovery. Indeed, 2022’s ranking is a story of a fundraising market bounceback, with capital raised totaling $637 billion, 24.7 percent more than recorded in the 2021 ranking.
Blackstone continues to be the sector’s heavyweight champion, despite a slower fundraising year. However, Brookfield Asset Management and Starwood Capital – second and third place, respectively – remained on its tail after fundraising hauls of $29.9 billion and $21.7 billion.
For more deep-dive analysis on this year’s largest private real estate firms, including the full PERE 100 ranking and methodology, click the stories in the sidebar.