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Construction & Real Estate industry cross border M&A deals total $3.12bn in Europe in December 2020

21 Jan 2021 (Last Updated February 12th, 2021 07:31)

Total construction & real estate industry cross border M&A deals worth $3.12bn were announced in Europe in December 2020, led by Heimstaden Bostad’s $1.97bn acquisition of Hd Ejendomme, according to GlobalData’s deals database.

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The value marked an increase of 243.6% over the previous month of $907.94m and a rise of 84.6% when compared with the last 12-month average of $1.69bn.

Europe held a 51.40% share of the global construction & real estate industry cross border M&A deal value that totalled $6.07bn in December 2020. With a 32.45% share and deals worth $1.97bn, Denmark was the top country in Europe’s cross border M&A deal value across construction & real estate industry.

In terms of cross border M&A deal activity, Europe recorded 26 deals during December 2020, marking an increase of 160.00% over the previous month and a rise of 73.33% over the 12-month average. Norway recorded five deals during the month.

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

The top five construction & real estate industry cross border M&A deals accounted for 94.7% of the overall value during December 2020.

The combined value of the top five construction & real estate cross border deals stood at $2.95bn, against the overall value of $3.12bn recorded for the month.

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

1) Heimstaden Bostad’s $1.97bn acquisition of Hd Ejendomme

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

3) SEGRO’s $216.9m acquisition of Sofibus Patrimoine Societe Anonyme

4) The $119.72m acquisition of Stord Innkvartering by Adapteo

5) M Group Services’ asset transaction with Skanska for $67.13m.

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.