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RE secondaries deal volume slumps almost 40%

Feb 01, 2017 - PERE

Real estate secondaries deal volume fell more than $3 billion in 2016 as the mega-deals which drove a record 2015 dried up, according to a report by Landmark Partners reported by PERE's sister publication, Secondaries Investor.

In its annual assessment of global real estate market activity in the strategy, the Connecticut-based secondaries firm said just over $5 billion-worth of deals closed last year, down from $8.2 billion in 2015.

The steep decline in value comes after some mar...