Construction & real estate industry M&A deals in Q3 2019 total $41.38bn globally

4 November 2019 (Last Updated November 4th, 2019 13:26)

Construction & real estate industry M&A deals in Q3 2019 total $41.38bn globally

Total construction & real estate industry M&A deals in Q3 2019 worth $41.38bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 46.3% over the previous quarter and a rise of 6% when compared with the last four-quarter average, which stood at $39.04bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $17.5bn. At the country level, the US topped the list in terms of deal value at $11.92bn.

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 Q3 2019 was the US with 159 deals, followed by the UK with 48 and China with 45.

In 2019, as of the end of Q3 2019, construction & real estate M&A deals worth $103.58bn were announced globally, marking a decrease of 58.5% year on year.

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

The top five construction & real estate industry M&A deals accounted for 37.4% of the overall value during Q3 2019.

The combined value of the top five construction & real estate M&A deals stood at $15.47bn, against the overall value of $41.38bn recorded for the month.

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

1) Prologis’ $3.99bn acquisition of Industrial Property Trust

2) The $3.91bn acquisition of Currenta by Macquarie Infrastructure And Real Assets

3) Vonovia's $2.91bn acquisition of Hembla

4) The $2.9bn acquisition of APi Group by J2 Acquisition

5) Great Pacific Capital's acquisition of Canfor for $1.76bn.

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.