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Preqin headquarters in London Headquartered in London, Preqin says European private real estate activity last year centered around UK and German assets.

LONDON—Even as private equity real estate fundraising totals fell short of recent years, 2017’s deal activity set a new high water mark globally, Preqin said Friday. The firm reported 5,191 deals for the year, totaling US$287 billion, a new record dollar amount surpassing the previous record-high established just a year earlier.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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