The UK construction & real estate industry saw a flat growth in overall deal activity during Q3 2019, when compared with the last four-quarter average, according to GlobalData’s deals database.
A total of 62 deals worth $4.1bn were announced in Q3 2019, compared to the last four-quarter average of 62 deals.
M&A was the leading category in the quarter with 48 deals which accounted for 77.4% of all deals.
In second place was venture financing with eight deals, followed by private equity with six transactions, respectively accounting for 12.9% and 9.7% 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 $4.09bn, while private equity and venture financing deals totalled $13.32m and $0.18m, respectively.
The UK construction & real estate industry deals in Q3 2019: Top deals
The top five construction & real estate deals accounted for 85.3% of the overall value during Q3 2019.
The combined value of the top five construction & real estate deals stood at $3.5bn, against the overall value of $4.1bn recorded for the month.
The top five construction & real estate industry deals of Q3 2019 tracked by GlobalData were:
- Bovis Homes’ $1.36bn asset transaction with Galliford Try
- The $739.51m acquisition of Capital & Regional by Growthpoint Properties
- Gazit-Globe’s $633.62m acquisition of Atrium European Real Estate
- The $486.15m acquisition of Telford Homes by CBRE Group
- Capital Data Centre’s acquisition of Branhall Investments for $282.55m.
