UK construction & real estate industry sees a rise of 1.6% in deal activity in Q4 2019

21 February 2020 (Last Updated February 25th, 2020 06:33)

UK construction & real estate industry sees a rise of 1.6% in deal activity in Q4 2019

The UK construction & real estate industry saw a rise of 1.6% in overall deal activity during Q4 2019, when compared with the last four-quarter average, according to GlobalData’s deals database.

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A total of 65 deals worth $2.99bn were announced in Q4 2019, compared to the last four-quarter average of 64 deals.

M&A was the leading category in the quarter with 51 deals which accounted for 78.5% of all deals.

In second place was private equity with nine deals, followed by venture financing with five transactions, respectively accounting for 13.9% and 7.7% of overall deal activity in the country's construction & real estate industry during the quarter.

In terms of value of deals, M&A was the leading deal category in the UK construction & real estate industry with total deals worth $1.71bn, while private equity and venture financing deals totalled $1.24bn and $41.39m, respectively.

The UK construction & real estate industry deals in Q4 2019: Top deals

The top five construction & real estate deals accounted for 81.5% of the overall value during Q4 2019.

The combined value of the top five construction & real estate deals stood at $2.44bn, against the overall value of $2.99bn recorded for the month.

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

1) Potter UK Bidco's $915.68m acquisition of Hansteen

2) The $548.18m private equity deal with Capital & Counties Properties by APG Groep and Delancey

3) Flotonic's $413m private equity deal with AFI Development

4) The $303.71m acquisition of Black Pearl by Hero Inc. and Staycity

5) Dalmore Capital, Innisfree Group and Semperian PPP Investment Partners Group's private equity deal with 3i Infrastructure for $254.84m.

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.