Construction & Real Estate industry cross border M&A deals total $6.07bn globally in December 2020

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

Total construction & real estate industry cross border M&A deals worth $6.07bn were announced globally 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 321.5% over the previous month of $1.44bn and a rise of 80.7% when compared with the last 12-month average, which stood at $3.36bn.

Comparing cross border M&A deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $3.12bn. At the country level, the Denmark topped the list in terms of deal value at $1.97bn.

In terms of volumes, Europe emerged as the top region for construction & real estate industry cross border M&A deals globally, followed by Asia-Pacific and then North America.

The top country in terms of cross border M&A deals activity in December 2020 was Norway with five deals, followed by the The Netherlands with four and Canada with four.

In 2020, as of December, construction & real estate cross border M&A deals worth $43.77bn were announced globally, marking an increase of 8.3% year on year.

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

The top five cross border M&A deals accounted for 83.1% of the overall value during December 2020.

The combined value of the top five construction & real estate cross border M&A deals stood at $5.05bn, against the overall value of $6.07bn 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 $1.01bn acquisition of Xinyi Glass Holdings by Unified Group Investments

3) Clay Holdings III’s $956.34m acquisition of Soilbuild Business Space REIT

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

5) Cube Highways and Infrastructure II’s acquisition of Chenani Nashri Tunnelway for $528.97m.

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.