Construction & real estate industry M&A deals in June 2020 total $9.09bn globally

21 July 2020 (Last Updated July 21st, 2020 16:30)

Construction & real estate industry M&A deals in June 2020 total $9.09bn globally

Total construction & real estate industry M&A deals in June 2020 worth $9.09bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 62.2% over the previous month and a drop of 43% when compared with the last 12-month average, which stood at $15.94bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $7.46bn. At the country level, Singapore topped the list in terms of deal value at $3.34bn.

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

The top country in terms of M&A deals activity in June 2020 was the US with 39 deals, followed by China with 33 and the UK with 13.

In 2020, as of the end of June 2020, construction & real estate M&A deals worth $65.35bn were announced globally, marking an increase of 3.1% year on year.

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

The top five construction & real estate industry M&A deals accounted for 65.4% of the overall value during June 2020.

The combined value of the top five construction & real estate M&A deals stood at $5.94bn, against the overall value of $9.09bn recorded for the month.

The top five construction & real estate industry deals of June 2020 tracked by GlobalData were:

1) Primero Investment Holdings’ $3.2bn acquisition of Perennial Real Estate Holdings

2) The $994.26m acquisition of Guangzhou Wanxi Enterprise Management by CITIC Trust

3) Fredensborg Bolig, Fredensborg Eiendomselskap, Norwegian Property and Union Real Estate Fund III Holding's $942.29m asset transaction with Veidekke

4) The $468.95m acquisition of Cromwell Property Group by ARA Real Estate Investors 28

5) Xingfeng Development's acquisition of Xingcheng for $335.05m.

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.