Preqin headquarters in London Headquartered in London, Preqin says Q3 saw a shift toward multifamily and hotel acquisitions.

LONDON—Transaction volume for private equity real estate rose slightly in the third quarter, but the value of those deals was lower, Preqin said Wednesday. Preliminary figures show that Q3 saw 1,170 deals worth a combined US$56 billion, compared to Q2’s 1,147 transactions which totaled US$68 billion.