Construction & Real Estate industry M&A deals in March 2021
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Construction & Real Estate industry M&A deals total $15.53bn globally in March 2021

26 Apr 2021

Total construction & real estate industry M&A deals worth $15.53bn were announced globally in March 2021, led by 8F Investment Partners, Arkhouse Partners and AS8888’s $2.29bn acquisition of Columbia Property Trust, according to GlobalData’s deals database.

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The value marked an increase of 101.4% over the previous month of $7.71bn and a rise of 42% when compared with the last 12-month average, which stood at $10.94bn.

Comparing M&A deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $5.66bn. At the country level, the US topped the list in terms of deal value at $4.22bn.

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

The top country in terms of M&A deals activity in March 2021 was the US with 53 deals, followed by the UK with 31 and China with 18.

In 2021, as of March, construction & real estate M&A deals worth $37.45bn were announced globally, marking an increase of 14.2% year on year.

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

The top five M&A deals accounted for 63.9% of the overall value during March 2021.

The combined value of the top five construction & real estate M&A deals stood at $9.92bn, against the overall value of $15.53bn recorded for the month.

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

1) 8F Investment Partners, Arkhouse Partners and AS8888’s $2.29bn acquisition of Columbia Property Trust

2) The $2.25bn acquisition of Klovern by Corem Property Group

3) Trubnaya Metallurgicheskaya Kompaniya’s $2.11bn acquisition of ChelPipe

4) The $1.99bn acquisition of Hong Da Development & Investment Holding by Kaisa Group Holdings

5) The merger of BowX Acquisition and WeWork Companies for $1.28bn.

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.