Europe’s construction & real estate industry sees a drop of 30% in deal activity in Q3 2020

16 November 2020 (Last Updated November 16th, 2020 18:10)

Europe’s construction & real estate industry sees a drop of 30% in deal activity in Q3 2020

Europe's construction & real estate industry saw a drop of 30% in overall deal activity during Q3 2020, when compared to the four-quarter average, according to GlobalData’s deals database.

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A total of 138 deals worth $4.76bn were announced for the region during Q3 2020, against the last four-quarter average of 197 deals.

Of all the deal types, M&A saw most activity in Q3 2020 with 104, representing a 75.4% share for the region.

In second place was private equity with 24 deals, followed by venture financing deals with ten transactions, respectively capturing a 17.4% and 7.3% 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 $2.88bn, while private equity and venture financing deals totalled $1.69bn and $193.04m, respectively.

Europe construction & real estate industry deals in Q3 2020: Top deals

The top five construction & real estate deals accounted for 56.6% of the overall value during Q3 2020.

The combined value of the top five construction & real estate deals stood at $2.69bn, against the overall value of $4.76bn recorded for the quarter.

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

1) Apeiron Management and Apollo Global Management's $1.49bn asset transaction with Grandi Lavori Fincosit

2) The $447.03m private equity deal with MAG Investment Assets by Columbia Threadneedle Investments

3) ASTM's $314.36m acquisition of Societa Italiana Traforo Autostradale del Frejus

4) The $227.7m private equity deal with Nyfosa by The Blackstone Group

5) Ares Management's private equity deal with Peach Property Group for $219.34m.

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.