Total construction & real estate industry deals worth $20.14bn were announced globally for March 2021, with the $2.33bn private equity deal with Annaly Capital Management being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked an increase of 47.6% over the previous month of $13.65bn and a rise of 20.7% when compared with the last 12-month average of $16.69bn.
In terms of number of deals, the sector saw a rise of 31.90% with 277 deals in March 2021 when compared to the last 12-month average of 210 deals.
In value terms, North America led the activity with deals worth $6.98bn in March 2021.
Construction & Real Estate industry deals in March 2021: Top deals
The top five deals accounted for 54.5% of the overall value during March 2021.
The combined value of the top five deals stood at $10.97bn, against the overall value of $20.14bn recorded for the month.
The top five construction & real estate industry deals of March 2021 tracked by GlobalData were:
1) Slate Asset Management’s $2.33bn private equity deal with Annaly Capital Management
2) The $2.29bn acquisition of Columbia Property Trust by 8F Investment Partners, Arkhouse Partners and AS8888
3) Corem Property Group’s $2.25bn acquisition of Klovern
4) The $2.11bn acquisition deal of ChelPipe by Trubnaya Metallurgicheskaya Kompaniya
5) Kaisa Group Holdings’ acquisition deal with Hong Da Development & Investment Holding for $1.99bn.
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.