Total construction & real estate industry cross border deals worth $4.5bn were announced globally for May 2021, with the $2.84bn private equity deal with John Laing Group being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked an increase of 43.3% over the previous month of $3.14bn and a drop of 28.9% when compared with the last 12-month average of $6.33bn.
In terms of number of cross border deals, the sector saw a rise of 6.82% with 47 deals in May 2021 when compared to the last 12-month average of 44 deals.
In value terms, Europe led the activity with cross border deals worth $3.58bn in May 2021.
Construction & Real Estate industry cross border deals in May 2021: Top deals
The top five cross border deals accounted for 91.9% of the overall value during May 2021.
The combined value of the top five cross border deals stood at $4.13bn, against the overall value of $4.5bn recorded for the month.
The top five construction & real estate industry cross border deals of May 2021 tracked by GlobalData were:
1) KKRInc’s $2.84bn private equity deal with John Laing Group
2) The $548.73m acquisition of 60% stake in Aupark by sprav. spol., Tatra Asset Management and Wood & Company Investicni Spolecnost
3) Gultech (Suzhou) Electronics’ $517.34m acquisition of 13% stake in Tuan Sing Holdings
4) The $135.68m private equity deal of IndInfravit Trust for 16% stake by Canada Pension Plan Investment Board
5) FFP’s acquisition of 5% stake in SIGNA Development Selection for $91.43m.
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.