Total construction & real estate industry M&A deals worth $4.1bn were announced in the US in January 2022, with Blackstone Real Estate Income Trust’s $3.7bn acquisition of Resource REIT being the sector’s biggest investment, according to GlobalData’s deals database.
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The value marked a decrease of 57.8% over the previous month of $9.72bn and a drop of 22.4% when compared with the last 12-month average of $5.28bn.
The US held a 45.30% share of the global construction & real estate industry M&A deal value that totalled $9.05bn in January 2022.
In terms of M&A deal activity, the US recorded 72 deals during January 2022, marking an increase of 2.86% over the previous month and a rise of 33.33% over the 12-month average.
US construction & real estate industry M&A deals in January 2022: Top deals
The top five construction & real estate industry M&A deals accounted for 100% of the overall value during January 2022.
The combined value of the top five construction & real estate M&A deals stood at $4.1bn, against the overall value of $4.1bn recorded for the month.
The top five construction & real estate industry M&A deals of January 2022 tracked by GlobalData were:
1) Blackstone Real Estate Income Trust $3.7bn acquisition deal with Resource REIT
2) The $195m acquisition of PETILLO by Sterling ConstructionInc
3) Landsea Homes $179.3m acquisition deal with Hanover Family Builders
4) The $18.7m acquisition of EV Group Holdings by Charge Enterprises
5) Real Brokerage $6.59m acquisition deal with Expetitle
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.