Europe’s construction & real estate industry sees a drop of 6.3% in deal activity in Q4 2019

21 February 2020 (Last Updated February 24th, 2020 13:22)

Europe’s construction & real estate industry sees a drop of 6.3% in deal activity in Q4 2019

Europe's construction & real estate industry saw a drop of 6.3% in overall deal activity during Q4 2019, when compared to the four-quarter average, according to GlobalData’s deals database.

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A total of 180 deals worth $17.44bn were announced for the region during Q4 2019, against the last four-quarter average of 192 deals.

Of all the deal types, M&A saw most activity in Q4 2019 with 130, representing a 72.2% share for the region.

In second place was private equity with 28 deals, followed by venture financing deals with 22 transactions, respectively capturing a 15.6% and 12.2% 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 $13.75bn, while private equity and venture financing deals totalled $3.59bn and $99m, respectively.

Europe construction & real estate industry deals in Q4 2019: Top deals

The top five construction & real estate deals accounted for 65.02% of the overall value during Q4 2019.

The combined value of the top five construction & real estate deals stood at $11.34bn, against the overall value of $17.44bn recorded for the quarter.

The top five construction & real estate industry deals of Q4 2019 tracked by GlobalData were:

1) Samhallsbyggnadsbolaget i Norden's $4.75bn acquisition of Hemfosa Fastigheter

2) The $3.43bn acquisition of TLG Immobilien by Aroundtown

3) KIRKBI Invest and PAI Partners’ $1.55bn private equity deal with Armacell International

4) The $915.68m acquisition of Hansteen by Potter UK Bidco

5) Anhui Expressway, China Merchants Expressway Network Technology Holdings, China Merchants Union (BVI), Jiangsu Expressway, Sichuan Expressway and Zhejiang Expressway's acquisition of IC Ictas Construction / Astaldi JV for $688.5m.

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.