Led by $5.19bn acquisition of CA Immobilien Anlagen by SOF-11 Klimt CAI S.a.r.l, Europe’s construction & real estate industry saw a rise of 33.33% in deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData’s deals database.
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A total of 249 deals worth $18.72bn were announced for the region during Q1 2021, against the last four-quarter average of 186.75 deals.
Of all the deal types, M&A saw most activity in Q1 2021 with 185 deals, representing a 74.3% share for the region.
In second place was private equity with 40 deals, followed by venture financing deals with 24 transactions, respectively capturing a 16.1% and 9.6% 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 $13.7bn, while private equity and venture financing deals totalled $4.88bn and $141.3m, respectively.
Europe construction & real estate industry deals in Q1 2021: Top deals
The top five construction & real estate deals accounted for a 68.8% share of the overall value during Q1 2021.
The combined value of the top five deals stood at $12.88bn, against the overall value of $18.72bn recorded for the quarter.
The top five construction & real estate industry deals of Q1 2021 tracked by GlobalData were:
1) SOF-11 Klimt CAI S.a.r.l’s $5.19bn acquisition of CA Immobilien Anlagen
2) The $2.25bn acquisition of Klovern by Corem Property Group
3) Trubnaya Metallurgicheskaya Kompaniya’s $2.11bn acquisition of ChelPipe
4) The $2.1bn private equity deal with ASTM by Nuova Argo Finanziaria
5) Cambridge BidCo’s private equity with RDI REIT for $1.22bn.
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.