Preqin headquarters in London Headquartered in London, Preqin says the pickup in private fundraising generally in Q4 didn’t extend to the real estate sector.

LONDON—The fourth quarter of 2017 saw private equity fundraising in general pick up the pace and reach a new annual high after a slowdown in Q3. However, Preqin says that pickup didn’t extend to real estate, where the 12-month global total fell short of the previous year’s, not to mention the record haul of US$136 billion that private real estate funds brought in for 2015.