Total construction & real estate industry cross border deals worth $2.2bn were announced globally for July 2021, with the $758.1m acquisition of Kielo being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked a decrease of 84.3% over the previous month of $13.72bn and a drop of 72.01% when compared with the last 12-month average of $7.68bn.
In terms of number of cross border deals, the sector saw a rise of 10.42% with 53 deals in July 2021 when compared to the last 12-month average of 48 deals.
In value terms, Europe led the activity with cross border deals worth $1.79bn in July 2021.
construction & real estate industry cross border deals in July 2021: Top deals
The top five cross border deals accounted for 92.03% of the overall value during July 2021.
The combined value of the top five cross border deals stood at $1.98bn, against the overall value of $2.2bn recorded for the month.
The top five construction & real estate industry cross border deals of July 2021 tracked by GlobalData were:
1) Kielo $758.1m acquisition deal with Castellum
2) The $712.67m private equity of 50% stake in Vivenio Residencial Socimi by First State Super Fund
3) JSW Cement $201.15m private equity deal with Apollo Global Management and Synergy Metals Investments Holding
4) Heimavellir Hf $195.62m acquisition deal with Heimstaden
5) The $111.12m acquisition of FPE Investments RE10,FPE Investments RE5,FPE Investments RE6 and Frankenthal by Frasers Logistics & Commercial Trust
Verdict deals analysis methodology
This analysis considers only announced and completed cross border 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.