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  1. Deals Analysis
July 25, 2022updated 27 Jul 2022 5:07pm

China’s construction & real estate industry sees a rise of 4.76% in deal activity in June 2022

By Carmen

China’s construction & real estate industry saw a rise of 4.76% in overall deal activity during June 2022, when compared with the last 12-month average, led by China Merchants Wealth Asset Management’s $295.28m acquisition of Sichuan Neisui Expressway, according to GlobalData’s deals database.

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A total of 22 deals worth $699.8m were announced in June 2022, compared with the 12-month average of 21 deals.

M&A was the leading category in the month in terms of volume with 18 deals, which accounted for 81.8% of all deals.

In second place was venture financing with four deals accounting for 18.2% of overall deal activity in the China’s technology industry during the month.

In terms of value of deals, M&A was the leading deal category in China’s construction & real estate industry with total deals worth $689.28m, followed by venture financing deals totalled $10.51m.

China construction & real estate industry deals in June 2022: Top deals

The top five construction & real estate industry deals accounted for 84.9% of the overall value during June 2022.

The combined value of the top five construction & real estate deals stood at $594.05m, against the overall value of $699.8m recorded for the month.

The top five construction & real estate industry deals of June 2022 tracked by GlobalData were:

1) China Merchants Wealth Asset Management $295.28m acquisition deal with Sichuan Neisui Expressway

2) The $110.23m acquisition of Shenyang Lixiang New Town Modern AgricultureLimited by Shenyang Wanrun New Town Investment ManagementLimited

3) Risesun Real Estate Development $73.49m acquisition deal for 15% stake in Rongsheng Xingcheng Investment

4) The $67.08m acquisition of Beijing Capital Property Services by Sinochem Jinmao Property Management (Beijing)

5) Guangdong Shengtun Technology $47.97m acquisition deal for 45% stake with Hebei Weilibang Wood Industry and Hubei Weilibang Wood Industry

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Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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