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In 2023, Dakota tracked approximately 216 investments in private real estate strategies totaling nearly $20 billion in allocations.
Through our Dakota Marketplace database, we have tracked public investments and other activity from public pension funds, endowments, foundations, and other investment allocators.
In 2023, institutional investors significantly increased their allocations to private real estate, seeking diversification and stable yields amidst volatile financial markets. The trend was driven by a search for inflation hedges and the pursuit of higher returns compared to traditional bonds, with a strong focus on sustainable and tech-enabled properties.
In this article, we are covering the top 10 most allocated private real estate funds by funding amount that we tracked for the year. Click here to see additional information.
Blackstone Real Estate Debt Strategies V: $1,500,000,000
Brookfield Strategic Real Estate Partners V: $845,000,000
Blue Owl / Oak Street Real Estate Capital Fund VI: $825,000,000
Oaktree Real Estate Opportunities IX: $609,000,000
Clarion Lion Properties Fund: $600,000,000
CBRE US Core Partners: $600,000,000
Blackstone Real Estate Partners Europe VII: $581,900,000
Bain Capital Real Estate Fund III: $525,000,000
Alterra IOS Venture III: $458,000,000
Partners Enterprise Capital Holdings: $400,000,000
Disclaimer: we cannot guarantee these numbers are 100% complete as investments may have been made that we are unaware of.
To explore more on how allocators are investing, book a demo of Dakota Marketplace!
 
            Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
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