Total construction & real estate industry M&A deals worth $3.04bn were announced in Asia-Pacific in March 2022, led by Zhejiang Fosun Commercial Development’s $996.67m acquisition of Shanghai Fosun Bund Real Estate, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 12.2% over the previous month of $2.71bn and a drop of 14.4% when compared with the last 12-month average of $3.55bn.

Asia-Pacific held a 37.81% share of the global construction & real estate industry M&A deal value that totalled $8.04bn in March 2022. With a 20.02% share and deals worth $1.61bn, China was the top country in Asia-Pacific’s M&A deal value across construction & real estate industry.

In terms of M&A deal activity, Asia-Pacific recorded 46 deals during March 2022, marking an increase of 27.78% over the previous month and a drop of 13.21% over the 12-month average. China recorded 17 deals during the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Asia-Pacific construction & real estate industry M&A deals in March 2022: Top deals

The top five construction & real estate industry M&A deals accounted for 81.3% of the overall value during March 2022.

The combined value of the top five construction & real estate deals stood at $2.47bn, against the overall value of $3bn recorded for the month.

The top five construction & real estate industry M&A deals of March 2022 tracked by GlobalData were:

1) Zhejiang Fosun Commercial Development $996.67m acquisition deal with Shanghai Fosun Bund Real Estate

2) The $734.8m acquisition of 30% stake in Zinus by Hyundai Department Store

3) Aware Super $368.21m acquisition deal for 25% stake in Lendlease Retirement Living Trust

4) The $209.31m acquisition of 35% stake in C&D Property Management Group by C&D International Investment Group

5) China Overseas Grand Oceans Property GroupLimited $161.98m acquisition deal with Shantou Longguang Jingyao Real Estate