Led by $5.19bn acquisition of CA Immobilien Anlagen, Europe’s construction & real estate industry saw a rise of 17.19% in cross border 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 75 cross border deals worth $8.55bn were announced for the region during Q1 2021, against the last four-quarter average of 64 deals.
Of all the deal types, M&A saw most activity in Q1 2021 with 49 deals, representing a 65.3% share for the region.
In second place was private equity with 22 deals, followed by venture financing deals with four transactions, respectively capturing a 29.3% and 5.3% share of the overall cross border deal activity for the quarter.
In terms of value of cross border deals, M&A was the leading category in Europe’s construction & real estate industry with $6.96bn, while private equity and venture financing deals totalled $1.5bn and $89.65m, respectively.
Europe construction & real estate industry cross border deals in Q1 2021: Top deals
The top five construction & real estate cross border deals accounted for an 86.6% share of the overall value during Q1 2021.
The combined value of the top five cross border deals stood at $7.41bn, against the overall value of $8.55bn recorded for the quarter.
The top five construction & real estate industry cross border 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 $934.57m acquisition of Luyuan Investment Holdings by Jiayuan International Group
3) Swiss Life Asset Managers’ $513.17m private equity deal with Threestones Capital Management
4) The $404.33m private equity deal with Budimex Nieruchomosci by Cornerstone Partners and Crestyl Real Estate
5) Insight Partners’ private equity with iad France for $361.98m.
