Judi Seebus

The strong growth of continuation vehicles signals that the real estate secondaries market has shed its reputation as a last resort for distress-driven strategies.

A growing cohort of institutional investors are turning to real estate secondaries as global buyers look for exposure to in-demand asset classes.

The US has traditionally dominated the real estate secondaries market, but Europe and Asia are poised to make up ground.

A broad pipeline of manager- and investor-led deals is emerging in the current liquidity-constrained market, fuelling long-term growth.