Europe’s construction & real estate industry saw a rise of 21.67% in cross border deal activity in Q4 2020

15 February 2021 (Last Updated February 15th, 2021 15:44)

Led by Samhallsbyggnadsbolaget i Norden’s $6.42bn acquisition of Entra, Europe’s construction & real estate industry saw a rise of 21.67% in cross border deal activity during Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database.

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A total of 73 cross border deals worth $12.52bn were announced for the region during Q4 2020, against the last four-quarter average of 60 deals.

Of all the deal types, M&A saw most activity in Q4 2020 with 50, representing a 68.4% share for the region.

In second place was private equity with 20 deals, followed by venture financing deals with three transactions, respectively capturing a 27.4% and 4.1% share of the overall cross border deal activity for the quarter.

In terms of value of cross border deals, M&A was the leading category in Norway’s construction & real estate industry with $10.53bn, while private equity and venture financing deals totalled $1.97bn and $13.88m, respectively.

Europe construction & real estate industry cross border deals in Q4 2020: Top deals

The top five construction & real estate cross border deals accounted for a 91.9% share of the overall value during Q4 2020.

The combined value of the top five cross border deals stood at $11.5bn, against the overall value of $12.52bn recorded for the quarter.

The top five construction & real estate industry cross border deals of Q4 2020 tracked by GlobalData were:

1) Samhallsbyggnadsbolaget i Norden’s $6.42bn acquisition of Entra

2) The $1.97bn acquisition of Hd Ejendomme by Heimstaden Bostad

3) PAI Partners’ $1.94bn private equity deal with Apleona

4) The $595.25m acquisition deal with Kadans Holding by AXA Investment Managers

5) Bestinver and Meridiam’s asset transaction with Acciona for $579.07m.

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.