Construction & real estate industry venture financing deals in Q3 2020 total $379.22m globally

30 October 2020 (Last Updated October 30th, 2020 09:39)

Construction & real estate industry venture financing deals in Q3 2020 total $379.22m globally

Total construction & real estate industry venture financing deals in Q3 2020 worth $379.22m were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 49.1% over the previous quarter and a drop of 73.9% when compared with the last four-quarter average, which stood at $1.45bn.

Comparing deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $193.04m. At the country level, the UK topped the list in terms of deal value at $182.67m.

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

The top country in terms of venture financing deals activity in Q3 2020 was the US with 14 deals, followed by the UK with five and Japan with five.

In 2020, as of the end of Q3 2020, construction & real estate venture financing deals worth $1.81bn were announced globally, marking a decrease of 44.6% year on year.

Construction & real estate industry venture financing deals in Q3 2020: Top deals

The top five construction & real estate industry venture financing deals accounted for 70.7% of the overall value during Q3 2020.

The combined value of the top five construction & real estate venture financing deals stood at $268.2m, against the overall value of $379.22m recorded for the month.

The top five construction & real estate industry deals of Q3 2020 tracked by GlobalData were:

1) Allianz Real Estate's $176.67m venture financing of Helical

2) The $50m venture financing of Common Living by 8VC, Hanaco Venture Capital, Kinnevik, Maveron, Norwest Venture Partners and Wilshire Lane Partners

3) Dehua Tb New Decoration Materials, Jinding Capital and Shengdu Home Decoration's $14.77m venture financing of Zhejiang Xierkang Smart Home

4) The $14.25m venture financing of Mosaic Building Group by Andreessen Horowitz, Founders Fund, Greylock Partners and Thrive Capital

5) Bjarke Ingels Group, FJ Labs, Lerer Hippeau Ventures, SJF Ventures and Slow Ventures’ venture financing of Phonebooths for $12.5m.

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.