UK Construction and real estate industry deals total $4.09 bn in Q3
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UK Construction and real estate industry deals total $4.09 bn in Q3

UK Construction and real estate industry deals total $4.09 bn in Q3

Total construction & real estate industry M&A deals in Q3 2019 worth $4.09bn were announced in the UK, according to GlobalData’s deals database.

The value marked an increase of 90.7% over the previous quarter and a rise of 106.2% when compared with the last four-quarter average of $1.98bn.

The UK held a 9.9% share of the global industry M&A deal value that totaled $41.38bn in Q3 2019.

In terms of deal activity, the UK recorded 48 deals during Q3 2019, marking a drop of 5.9% over the previous quarter and a drop of 5.9% over the last four-quarter average.

UK top deals

The top five construction & real estate industry M&A deals accounted for 85.6% of the overall value during Q3 2019.

The combined value of the top five construction & real estate M&A deals stood at $3.5bn, against the overall value of $4.09bn 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.
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Post source : GlobalData Plc

About The Author

Anthony has worked in the construction industry for many years and looks forward to bringing you news and stories on the highways industry from all over the world.

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