Europe’s construction & real estate industry sees a rise of 16.9% in deal activity in Q3 2019

7 November 2019 (Last Updated November 7th, 2019 11:16)

Europe’s construction & real estate industry sees a rise of 16.9% in deal activity in Q3 2019

Europe's construction & real estate industry saw a rise of 16.9% in overall deal activity during Q3 2019, when compared to the four-quarter average, according to GlobalData’s deals database.

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A total of 208 deals worth $19.24bn were announced for the region during Q3 2019, against the last four-quarter average of 178 deals.

Of all the deal types, M&A saw most activity in Q3 2019 with 165, representing a 79.3% share for the region.

In second place was private equity with 26 deals, followed by venture financing deals with 17 transactions, respectively capturing a 12.5% and 8.2% share of the overall deal activity for the quarter.

In terms of value of deals, M&A was the leading category in Europe's construction & real estate industry with $17.5bn, while private equity and venture financing deals totalled $1.7bn and $49.54m, respectively.

Europe construction & real estate industry deals in Q3 2019: Top deals

The top five construction & real estate deals accounted for 57.1% of the overall value during Q3 2019.

The combined value of the top five construction & real estate deals stood at $11bn, against the overall value of $19.24bn recorded for the quarter.

The top five construction & real estate industry deals of Q3 2019 tracked by GlobalData were:

1) Macquarie Infrastructure And Real Assets’ $3.91bn acquisition of Currenta

2) The $2.91bn acquisition of Hembla by Vonovia

3) Henderson Park Capital Partners UK's $1.71bn acquisition of Green REIT

4) The $1.36bn asset transaction with Galliford Try by Bovis Homes

5) TLG Immobilien's acquisition of Aroundtown for $1.12bn.

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.