Construction & real estate industry M&A deals in Q3 2020 total $20.17bn globally

29 October 2020 (Last Updated October 29th, 2020 01:00)

Construction & real estate industry M&A deals in Q3 2020 total $20.17bn globally

Total construction & real estate industry M&A deals in Q3 2020 worth $20.17bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 15.7% over the previous quarter and a drop of 57.2% when compared with the last four-quarter average, which stood at $47.13bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $11.26bn. At the country level, the US topped the list in terms of deal value at $4.73bn.

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 Q3 2020 was the US with 115 deals, followed by China with 65 and the UK with 32.

In 2020, as of the end of Q3 2020, construction & real estate M&A deals worth $87.7bn were announced globally, marking a decrease of 34.9% year on year.

Construction & real estate industry M&A deals in Q3 2020: Top deals

The top five construction & real estate industry M&A deals accounted for 37.4% of the overall value during Q3 2020.

The combined value of the top five construction & real estate M&A deals stood at $7.53bn, against the overall value of $20.17bn recorded for the month.

The top five construction & real estate industry deals of Q3 2020 tracked by GlobalData were:

1) Builders FirstSource's $2.5bn acquisition of BMC Stock

2) The $1.82bn merger of Japan Retail Fund Investment and MCUBS MidCity Investment

3) Apeiron Management and Apollo Global Management's $1.49bn asset transaction with Grandi Lavori Fincosit

4) The $900m acquisition of Jernigan Capital by NexPoint Advisors

5) Alibaba Group Holding's acquisition of E-House (China) for $824m.

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.