Construction & real estate industry deals in Q3 2019 total $61.7bn globally

30 October 2019 (Last Updated October 30th, 2019 09:10)

Construction & real estate industry deals in Q3 2019 total $61.7bn globally

Total construction & real estate industry deals for Q3 2019 worth $61.7bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 92.4% over the previous quarter and a rise of 33.2% when compared with the last four-quarter average of $46.68bn.

In terms of number of deals, the sector saw a rise of 10.7% over the last four-quarter average with 654 deals against the average of 591 deals.

In value terms, North America led the activity with deals worth $25.26bn.

Construction & real estate industry deals in Q3 2019: Top deals

The top five construction & real estate deals accounted for 29.8% of the overall value during Q3 2019.

The combined value of the top five construction & real estate deals stood at $18.39bn, against the overall value of $61.7bn recorded for the month.

The top five construction & real estate industry deals of Q3 2019 tracked by GlobalData were:

1) The Blackstone Group's $4.66bn private equity deal with Dream Global Real Estate Investment Trust

2) The $3.99bn acquisition of Industrial Property Trust by Prologis

3) Macquarie Infrastructure and Real Assets’ $3.91bn acquisition of Currenta

4) The $2.91bn private equity deal with Lendlease International Towers Sydney Trust by GIC

5) Vonovia's acquisition of Hembla for $2.91bn.

Verdict deals analysis methodology

This analysis considers only announced and completed 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.