Overview
- Knight Frank estimates 2025 private equity inflows at about $3.46–$3.5 billion, down from $4.9 billion in 2024.
- Office assets attracted roughly $2.0 billion, or 58% of total capital, as investors favored stable, income-generating properties.
- Housing investment fell to about $576 million from $1,177 million a year earlier, and warehousing dropped to about $510 million from $1,877 million.
- Retail captured roughly 11% of inflows after a single large transaction, with broader deal activity remaining subdued.
- The consultancy links the slowdown to a recalibration of capital costs, exit visibility and valuations, alongside a shift toward structured and credit-led investments.