Construction & real estate industry M&A deals in Q1 2020 total $34.89bn globally

24 April 2020 (Last Updated April 24th, 2020 15:00)

Construction & real estate industry M&A deals in Q1 2020 total $34.89bn globally

Total construction & real estate industry M&A deals in Q1 2020 worth $34.89bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 34.6% over the previous quarter and a drop of 25.7% when compared with the last four-quarter average, which stood at $46.93bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $17.56bn. At the country level, the US topped the list in terms of deal value at $7.54bn.

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

The top country in terms of M&A deals activity in Q1 2020 was the US with 177 deals, followed by the UK with 47 and China with 42.

In 2020, as of the end of Q1 2020, construction & real estate M&A deals worth $34.89bn were announced globally, marking a decrease of 0.2% year on year.

Construction & real estate industry M&A deals in Q1 2020: Top deals

The top five construction & real estate industry M&A deals accounted for 62.7% of the overall value during Q1 2020.

The combined value of the top five construction & real estate M&A deals stood at $21.88bn, against the overall value of $34.89bn recorded for the month.

The top five construction & real estate industry deals of Q1 2020 tracked by GlobalData were:

1) 's $6.2bn merger of CapitaLand Commercial Trust and CapitaLand Mall Trust

2) The $6.16bn acquisition of Wheelock and by Admiral Power

3) KingSett Capital and Starlight Group Property Holdings’ $3.63bn acquisition of Northview Apartment REIT

4) The $3.6bn acquisition of Taubman Centers by Simon Property Group

5) Amherst Residential's acquisition of Front Yard Residential for $2.3bn.

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.