Construction & Real Estate industry cross border M&A deals total $10.53bn in Europe in Q4 2020

15 February 2021 (Last Updated February 15th, 2021 15:47)

Total construction & real estate industry cross border M&A deals worth $10.53bn were announced in Europe Q4 2020, led by Samhallsbyggnadsbolaget i Norden’s $6.42bn acquisition, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 276.1% over the previous quarter and a rise of 130.4% when compared with the last four-quarter average of $4.57bn.

Europe held a 69.64% share of the global construction & real estate industry cross border M&A deal value that totalled $15.12bn in Q4 2020. With a 45.11% share and deals worth $6.82bn, Norway was the top country in Europe’s cross border M&A deal value across construction & real estate industry.

In terms of deal activity, Europe recorded 50 cross border deals during Q4 2020, marking an increase of 16.28% over the previous quarter and a rise of 16.28% over the last four-quarter average. Norway recorded nine deals during the quarter.

Europe construction & real estate industry cross border M&A deals in Q4 2020: Top deals

The top five construction & real estate industry cross border M&A deals accounted for 93.5% of the overall value during Q4 2020.

The combined value of the top five cross border M&A deals stood at $9.85bn, against the overall value of $10.53bn recorded for the quarter.

The top five construction & real estate industry cross border deals of Q4 2020 tracked by GlobalData were:

1) Samhallsbyggnadsbolaget i Norden’s $6.42bn acquisition of Entra

2) The $1.97bn acquisition of Hd Ejendomme by Heimstaden Bostad

3) AXA Investment Managers’ $595.25m acquisition of Kadans Holding

4) The $579.07m asset transaction with Acciona by Bestinver and Meridiam

5) Castellum’s acquisition of Entra for $285.82m.

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.