Europe’s construction & real estate industry saw a rise of 56.52% in cross border deal activity during June 2021, when compared with the last 12-month average, led by Brookfield Business Partners’ $5bn acquisition of Modulaire Group, according to GlobalData’s deals database.
Go deeper with GlobalData
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
A total of 36 construction & real estate industry cross border deals worth $7.2bn were announced for the region in June 2021, against the 12-month average of 23 deals.
Of all the deal types, M&A saw most activity in June 2021 with 24 transactions, representing a 66.7% share for the region.
In second place was private equity with 11 deals, followed by venture financing deals with one transactions, respectively capturing a 30.6% and 2.8% share of the overall cross border deal activity for the month.
In terms of value of cross border deals, private equity was the leading category in Europe’s construction & real estate industry with $5.02bn, while M&A and venture financing deals totalled $2.11bn and $10m, respectively.
Europe construction & real estate industry cross border deals in June 2021: Top deals
The top five construction & real estate cross border deals accounted for 99% of the overall value during June 2021.
The combined value of the top five construction & real estate cross border deals stood at $7.07bn, against the overall value of $7.2bn recorded for the month.
The top five construction & real estate industry cross border deals of June 2021 tracked by GlobalData were:
1) Brookfield Business Partners’ $5bn private equity deal with Modulaire Group
2) The $977m acquisition deal with Societe Fonciere Lyonnaise by Inmobiliaria Colonial SOCIMI
3) Samhallsbyggnadsbolaget i Norden’s $550.26m acquisition of 20.08% stake in JM
4) The $375.68m acquisition of 8.2% stake in Entra by Castellum
5) Allianz’s acquisition of Elix Vintage Residencial Socimi for $169.3m.
