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

26 Apr 2021 (Last Updated April 26th, 2021 17:07)

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.