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December 5, 2019

Construction and real estate industry M&A deals in Q3 2019 total US$41.38bn globally

Total construction & real estate industry M&A deals in Q3 2019 worth US$41.38bn were announced globally, according to GlobalData’s deals database. The value marked an increase of 46.3% over the previous quarter and a rise of 6% when compared with the last four-quarter average, which stood at $39.04bn.
     Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth US$17.5bn. At the country level, the US topped the list in terms of deal value at US$11.92bn. In terms of volumes, North America emerged as the top region for construction & real estate industry M&A deals globally, followed by Europe and then Asia-Pacific. The top country in terms of M&A deals activity in Q3 2019 was the US with 159 deals, followed by the UK with 48 and China with 45. In 2019, as of the end of Q3 2019, construction & real estate M&A deals worth US$103.58bn were announced globally, marking a decrease of 58.5% year on year.
     The top five construction & real estate industry M&A deals accounted for 37.4% of the overall value during Q3 2019. The combined value of the top five construction & real estate M&A deals stood at $15.47bn, against the overall value of $41.38bn recorded for the month. The top five construction & real estate industry deals of Q3 2019 tracked by GlobalData were:

  • Prologis’ $3.99bn acquisition of Industrial Property Trust
  • The $3.91bn acquisition of Currenta by Macquarie Infrastructure And Real Assets
  • Vonovia's $2.91bn acquisition of Hembla
  • The $2.9bn acquisition of APi Group by J2 Acquisition
  • Great Pacific Capital's acquisition of Canfor for $1.76bn
 
 
 




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