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Construction & real estate industry M&A deals in December 2020 total $10.74bn globally

19 Jan 2021 (Last Updated January 19th, 2021 03:59)

Construction & real estate industry M&A deals in December 2020 total $10.74bn globally

Total construction & real estate industry M&A deals in December 2020 worth $10.74bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 55.2% over the previous month and a drop of 10.6% when compared with the last 12-month average, which stood at $12.02bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $5.14bn. At the country level, Denmark topped the list in terms of deal value at $1.97bn.

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

The top country in terms of M&A deals activity in December 2020 was the US with 51 deals, followed by China with 30 and the UK with 17.

In 2020, as of the end of December 2020, construction & real estate M&A deals worth $143.61bn were announced globally, marking a decrease of 23.5% year on year.

Construction & real estate industry M&A deals in December 2020: Top deals

The top five construction & real estate industry M&A deals accounted for 47.8% of the overall value during December 2020.

The combined value of the top five construction & real estate M&A deals stood at $5.14bn, against the overall value of $10.74bn recorded for the month.

The top five construction & real estate industry 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 $620m acquisition of Future Infrastructure Holdings by Primoris Services

5) Bestinver and Meridiam’s asset transaction with Acciona for $579.07m.

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.