Total construction & real estate industry cross border deals worth $3.2bn were announced globally for March 2022, with the $1.92bn private equity deal with PR1MAMalaysia (PR1MA) being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked a decrease of 65.4% over the previous month of $9.26bn and a drop of 55.8% when compared with the last 12-month average of $7.24bn.
In terms of number of cross border deals, the sector saw a drop of 28.33% with 43 deals in March 2022 when compared to the last 12-month average of 60 deals.
In value terms, Asia-Pacific led the activity with cross border deals worth $2.16bn in March 2022.
construction & real estate industry cross border deals in March 2022: Top deals
The top five cross border deals accounted for 89.4% of the overall value during March 2022.
The combined value of the top five cross border deals stood at $2.86bn, against the overall value of $3.2bn recorded for the month.
The top five construction & real estate industry cross border deals of March 2022 tracked by GlobalData were:
1) Qatar Investment Authority $1.92bn private equity deal with PR1MAMalaysia (PR1MA)
2) The $421.22m acquisition of The Instant Group by IWG
3) C&D International Investment Group $209.31m acquisition deal for 35% stake in C&D Property Management Group
4) The $181.33m acquisition of Trimo by Recticel
5) Next Talent Developments $124.69m acquisition deal with R&F Properties VS (UK)
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.