The private real estate sector has boomed over the last 50 years to take its place as one of the most valuable asset classes in the world. According to Preqin, real estate assets under management have grown from $64 billion to over $1 trillion and counting over the last 20 years.
Investors will continue to prioritize real estate due to its hedge against inflation and diversification benefits. Due to this fast growth, fund managers and asset owners are expanding across the real estate strategies, asset classes, and geography. This combination of growth, complexity and increased data demands are requiring fund managers and asset owners to re-evaluate their
bespoke technology stack.