Europe’s construction & real estate industry saw a rise of 13.64% in cross border deal activity during May 2021, when compared with the last 12-month average, led by KKRInc’s $2.84bn acquisition of John Laing Group, according to GlobalData’s deals database.
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A total of 25 construction & real estate industry cross border deals worth $3.6bn were announced for the region in May 2021, against the 12-month average of 22 deals.
Of all the deal types, M&A saw most activity in May 2021 with 19 transactions, representing a 76% share for the region.
In second place was private equity with six deals capturing a 24% share of the overall cross border deal activity for the month.
In terms of value of cross border deals, private equity was the leading category in Europe’s construction & real estate industry with $2.85bn, followed by M&A deals totalled $730.31m.
Europe construction & real estate industry cross border deals in May 2021: Top deals
The top five construction & real estate cross border deals accounted for 100% of the overall value during May 2021.
The combined value of the top five construction & real estate cross border deals stood at $3.58bn, against the overall value of $3.6bn recorded for the month.
The top five construction & real estate industry cross border deals of May 2021 tracked by GlobalData were:
1) KKRInc’s $2.84bn private equity deal with John Laing Group
2) The $548.73m acquisition of 60% stake in Aupark by sprav. spol., Tatra Asset Management and Wood & Company Investicni Spolecnost
3) FFP’s acquisition of 5% stake in SIGNA Development Selection for $91.43m
4) The $90.15m acquisition of 25% stake in Savills Investment Management by Samsung Life Insurance
5) L.P and China Life Frontier Private Investment Fund’s private equity deal with Esteemed Virtue for $16.75m.
Verdict deals analysis methodology
This analysis considers only announced and completed cross border 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.