Construction & Real Estate industry M&A deals activity in Europe in January 2021
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Construction & Real Estate industry M&A deals total $1.65bn in Europe in January 2021

01 Mar 2021

Total construction & real estate industry M&A deals worth $1.65bn were announced in Europe in January 2021, led by Jiayuan International Group’s $934.57m acquisition of Luyuan Investment Holdings, according to GlobalData’s deals database.

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The value marked a decrease of 69% over the previous month of $5.32bn and a drop of 50.2% when compared with the last 12-month average of $3.31bn.

Europe held an 18.69% share of the global construction & real estate industry M&A deal value that totalled $8.83bn in January 2021. With a 12.91% share and deals worth $1.14bn, the UK was the top country in Europe’s M&A deal value across construction & real estate industry.

In terms of M&A deal activity, Europe recorded 37 deals during January 2021, marking a decrease of 49.32% over the previous month and a drop of 19.57% over the 12-month average. The UK recorded 13 deals during the month.

Europe construction & real estate industry M&A deals in January 2021: Top deals

The top five construction & real estate industry M&A deals accounted for 93.1% of the overall value during January 2021.

The combined value of the top five construction & real estate deals stood at $1.53bn, against the overall value of $1.65bn recorded for the month.

The top five construction & real estate industry M&A deals of January 2021 tracked by GlobalData were:

1) Jiayuan International Group’s $934.57m acquisition of Luyuan Investment Holdings

2) The $267.42m acquisition of Immofinanz by Aggregate Holdings

3) Aggregate Holdings’ $145.38m acquisition of Sparkassen Immobilien

4) The $98.02m asset transaction with NCC by PensionDanmark A/S (formerly knownPensionDanmark I/S)

5) Supermarket Income REIT’s asset transaction with LaSalle Investment Management for $88.65m.

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.