Construction & real estate industry M&A deals in Q2 2020 total $2.49bn in UK

22 July 2020 (Last Updated July 22nd, 2020 17:17)

Construction & real estate industry M&A deals in Q2 2020 total $2.49bn in UK

Total construction & real estate industry M&A deals in Q2 2020 worth $2.49bn were announced in the UK, according to GlobalData’s deals database.

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The value marked an increase of 40.5% over the previous quarter and a rise of 5.3% when compared with the last four-quarter average of $2.37bn.

The UK held an 11.3% share of the global construction & real estate industry M&A deal value that totalled $22.04bn in Q2 2020.

In terms of deal activity, the UK recorded 28 deals during Q2 2020, marking a drop of 42.9% over the previous quarter and a drop of 46.2% over the last four-quarter average.

The UK construction & real estate industry M&A deals in Q2 2020: Top deals

The top five construction & real estate industry M&A deals accounted for 90.5% of the overall value during Q2 2020.

The combined value of the top five construction & real estate M&A deals stood at $2.26bn, against the overall value of $2.49bn recorded for the month.

The top five construction & real estate industry deals of Q2 2020 tracked by GlobalData were:

1) Top Family Group's $908.15m acquisition of Gold Flair

2) The $567.64m acquisition of United Progress Group by Yield Smart

3) Capital & Counties Properties’ $537.64m acquisition of Shaftesbury

4) The $125.39m asset transaction with The British LandPlc by British Airways Pension Trustees and Supermarket Income REIT

5) Retain Prosper's acquisition of Noble Title for $117.28m.

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.