Real estate industry

M&A transactions in the construction and real estate sector in March 2022

According to GlobalData’s deal database, total construction and real estate M&A deals worth $8 billion were announced globally in March 2022, led by l acquisition of Hibernia REIT by Benedict Real Estate Bidco for $1.52 billion.

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The value marked a 27.5% decline from the prior month of $11.09 billion and a 53.6% decline from the past 12-month average of $17.32 billion. of dollars.

Comparing the value of M&A deals in different regions of the world, Europe ranked first, with total deals announced during the period worth $4.33 billion. At country level, the UK tops the list in terms of transaction value at $2.12 billion.

In terms of volumes, Europe emerged as the top region for construction and real estate M&A deals globally, followed by North America and then Asia- Peaceful.

The top country in terms of M&A activity in March 2022 was the US with 48 deals, followed by the UK with 23 and China with 17.

In March 2022, construction and real estate M&A deals worth $29.66 billion were announced globally, marking a 16.1% increase in one year to the next.

Construction and real estate M&A deals in March 2022: top deals

The top five M&A deals accounted for 59.5% of the overall value in March 2022.

The combined value of the top five construction and real estate M&A deals was $4.78 billion, compared to the month’s aggregate value of $8 billion.

The top five construction and real estate M&A deals of March 2022 tracked by GlobalData were:

1) Benedict Real Estate Bidco $1.52 Billion Acquisition Agreement with Hibernia REIT

2) The acquisition of Shanghai Fosun Bund Real Estate for $996.67 million by Zhejiang Fosun Commercial Development

3) Broadgate Five Holdings (Jersey) $958.22 million acquisition agreement with Bluebutton Holdco 5 Broadgate (Jersey)

4) The acquisition of 734.8 million dollars of 30% of the capital of Zinus by Hyundai Department Store

5) $574.86 million Workspace Group acquisition agreement with McKay Securities

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Verdict Agreement Analysis Methodology

This analysis only considers announced and concluded transactions from GlobalData’s financial transactions database and excludes all completed and assumed transactions. The country and industry are defined based on the target company’s head office and dominant industry. The term “procurement” refers to both completed transactions and those in the process of being tendered.

GlobalData tracks real-time data on all M&A, private equity/venture capital, and asset transaction activity globally from thousands of company websites and other trusted sources.

More in-depth reports and analysis on all reported transactions are available to subscribers at GlobalData’s job database.

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