Construction & real estate industry M&A deals in Q4 2018 total $1.79bn in United Kingdom

14 March 2019 (Last Updated March 15th, 2019 05:14)

Construction & real estate industry M&A deals in Q4 2018 total $1.79bn in United Kingdom

Total construction & real estate industry M&A deals in Q4 2018 worth $1.79bn were announced in the United Kingdom, according to GlobalData’s deals database.

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The value marked an increase of 3.9% over the previous quarter and a drop of 43.9% when compared with the last four-quarter average of $3.18bn.

The United Kingdom held a 5.6% share of the global construction & real estate industry M&A deal value that totalled $31.97bn in Q4 2018.

In terms of deal activity, the United Kingdom recorded 60 deals during Q4 2018, marking a rise of 33.3% over the previous quarter and a rise of 33.3% over the last four-quarter average.

The United Kingdom construction & real estate industry M&A deals in Q4 2018: Top deals

The top five construction & real estate industry M&A deals accounted for 78.03% of the overall value during Q4 2018.

The combined value of the top five construction & real estate industry M&A deals stood at $1.39bn, against the overall value of $1.79bn recorded for the quarter. The top announced construction & real estate industry M&A deal tracked by GlobalData in Q4 2018 was Grainger’s $511.91m acquisition of GRIP REIT.

In second place was the $262.71m acquisition of GVA Grimley by Avison Young (Canada) and in third place was Gain Wealth’s $237.5m acquisition of Joyous Investment.

The $215.94m acquisition of Wanda Culture Travel Innovation Group by Sunac Real Estate Group and Collective Works’ acquisition of The Collective (Living) for $164.79m held fourth and fifth positions, respectively.

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.

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.