North America’s construction & real estate industry sees a drop of 8.3% in deal activity in Q4 2019

21 February 2020 (Last Updated February 24th, 2020 13:20)

North America’s construction & real estate industry sees a drop of 8.3% in deal activity in Q4 2019

North America's construction & real estate industry saw a drop of 8.3% in overall deal activity during Q4 2019, when compared to the four-quarter average, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

A total of 209 deals worth $23.86bn were announced for the region during Q4 2019, against the last four-quarter average of 228 deals.

Of all the deal types, M&A saw most activity in Q4 2019 with 165, representing a 79% share for the region.

In second place was private equity with 26 deals, followed by venture financing deals with 18 transactions, respectively capturing a 12.4% and 8.6% share of the overall deal activity for the quarter.

In terms of value of deals, M&A was the leading category in North America's construction & real estate industry with $21.54bn, while private equity and venture financing deals totalled $2.12bn and $200m, respectively.

North America construction & real estate industry deals in Q4 2019: Top deals

The top five construction & real estate deals accounted for 79.9% of the overall value during Q4 2019.

The combined value of the top five construction & real estate deals stood at $19.06bn, against the overall value of $23.86bn recorded for the quarter.

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

1) Prologis’ $12.6bn acquisition of Liberty Property Trust

2) The $2.4bn acquisition of William Lyon Homes by Taylor Morrison Home

3) Saint-Gobain's $1.56bn acquisition of Continental Building Products

4) The $1.5bn private equity deal with WeWork Companies by SoftBank Group

5) ACProducts's acquisition of Masco Cabinetry for $1bn.

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.