Construction & real estate industry M&A deals in September 2020 total $3.38bn globally

19 October 2020 (Last Updated October 19th, 2020 18:31)

Construction & real estate industry M&A deals in September 2020 total $3.38bn globally

Total construction & real estate industry M&A deals in September 2020 worth $3.38bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 65.4% over the previous month and a drop of 77.5% when compared with the last 12-month average, which stood at $15bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $2.42bn. At the country level, China topped the list in terms of deal value at $830.76m.

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 September 2020 was the US with 31 deals, followed by China with 15 and Malaysia with nine.

In 2020, as of the end of September 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 September 2020: Top deals

The top five construction & real estate industry M&A deals accounted for 38.7% of the overall value during September 2020.

The combined value of the top five construction & real estate M&A deals stood at $1.31bn, against the overall value of $3.38bn recorded for the month.

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

1) Finansa's $357.66m acquisition of MK Real Estate Development

2) The $297.75m acquisition of Guangzhou Zhentong DevelopmentLimited by Shenzhen Run Investment Consulting

3) Yamada Denki's $247.67m acquisition of Hinokiya Holdings

4) The $245m asset transaction with PT Mandiri Cipta Gemilang by Lippo Malls Indonesia Retail Trust

5) Hangzhou Zezhou Enterprise Management's acquisition of Hangzhou Qingcheng Property Development for $159.8m.

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.