Europe’s construction & real estate industry sees a rise of 2.02% in deal activity in Q1 2020

24 April 2020 (Last Updated April 24th, 2020 15:00)

Europe’s construction & real estate industry sees a rise of 2.02% in deal activity in Q1 2020

Europe's construction & real estate industry saw a rise of 2.02% in overall deal activity during Q1 2020, when compared to the four-quarter average, according to GlobalData’s deals database.

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A total of 202 deals worth $25.46bn were announced for the region during Q1 2020, against the last four-quarter average of 198 deals.

Of all the deal types, M&A saw most activity in Q1 2020 with 157, representing a 77.7% share for the region.

In second place was private equity with 34 deals, followed by venture financing deals with 11 transactions, respectively capturing a 16.8% and 5.5% share of the overall deal activity for the quarter.

In terms of value of deals, private equity was the leading category in Europe's construction & real estate industry with $19.65bn, while M&A and venture financing deals totalled $5.52bn and $291.8m, respectively.

Europe construction & real estate industry deals in Q1 2020: Top deals

The top five construction & real estate deals accounted for 87.2% of the overall value during Q1 2020.

The combined value of the top five construction & real estate deals stood at $22.19bn, against the overall value of $25.46bn recorded for the quarter.

The top five construction & real estate industry deals of Q1 2020 tracked by GlobalData were:

1) Advent International, Cinven and RAG-Stiftung's $18.71bn private equity deal with ThyssenKrupp Elevator

2) The $1.29bn acquisition of Godewind Immobilien by Covivio X-Tend

3) Union Investment Group's $864.38m private equity deal with Logistrial Real Estate

4) The $682.11m acquisition of Cityhold Office Partnership by CBRE GIP Medical Office REIT II

5) Deutsche Wohnen's asset transaction with ISARIA Wohnbau for $648.16m.

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.