Total construction & real estate industry M&A deals worth $14bn were announced in Asia-Pacific in May 2022, led by Adani Group’s $6.23bn acquisition of 63.1% stake in Ambuja Cements, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
The value marked an increase of 159.7% over the previous month of $5.39bn and a rise of 239.8% when compared with the last 12-month average of $4.12bn.
Asia-Pacific held a 49.89% share of the global construction & real estate industry M&A deal value that totalled $28.06bn in May 2022. With a 41.45% share and deals worth $11.63bn, India was the top country in Asia-Pacific’s M&A deal value across construction & real estate industry.
In terms of M&A deal activity, Asia-Pacific recorded 39 deals during May 2022, marking a decrease of 11.36% over the previous month and a drop of 23.53% over the 12-month average. India recorded 11 deals during the month.

US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataAsia-Pacific construction & real estate industry M&A deals in May 2022: Top deals
The top five construction & real estate industry M&A deals accounted for 92.9% of the overall value during May 2022.
The combined value of the top five construction & real estate deals stood at $13.01bn, against the overall value of $14bn recorded for the month.
The top five construction & real estate industry M&A deals of May 2022 tracked by GlobalData were:
1) Adani Group $6.23bn acquisition deal for 63.1% stake in Ambuja Cements
2) The $2.57bn acquisition of 26% stake in Ambuja Cements by Adani Group
3) China Railway Group $1.64bn acquisition deal for 33.5% stake in Yunnan Dianzhong Water Diversion Engineering
4) The $1.45bn acquisition of 26% stake in ACC by Adani Group
5) Swan Constructions $1.13bn acquisition deal with Simplex Infrastructures