Total construction & real estate industry deals for September 2019 worth $21.7bn were announced globally, according to GlobalData’s deals database.
The value marked a decrease of 5.7% over the previous month and a rise of 44.2% when compared with the last 12-month average of $15.06bn.
In terms of number of deals, the sector saw a drop of 4.4% over the last 12-month average with 194 deals against the average of 203 deals.
In value terms, North America led the activity with deals worth $9.63bn.
Construction & real estate industry deals in September 2019: Top deals
The top five construction & real estate deals accounted for 60.5% of the overall value during September 2019.
The combined value of the top five construction & real estate deals stood at $13.13bn, against the overall value of $21.7bn recorded for the month.
The top five construction & real estate industry deals of September 2019 tracked by GlobalData were:
1. The Blackstone Group's $4.66bn private equity deal with Dream Global Real Estate Investment Trust
2. The $2.91bn acquisition of Hembla by Vonovia
3. J2 Acquisition's $2.9bn acquisition of APi Group
4. The $1.36bn asset transaction with Galliford Try by Bovis Homes
5. Brookfield Business Partners’ private equity deal with Brand Industrial Services for $1.3bn.
Related Stories
Market Data | Jan 5, 2021
Barely one-third of metros add construction jobs in latest 12 months
Dwindling list of project starts forces contractors to lay off workers.
Market Data | Jan 4, 2021
Nonresidential construction spending shrinks further in November
Many commercial projects languish, even while homebuilding soars.
Market Data | Dec 29, 2020
Multifamily transactions drop sharply in 2020, according to special report from Yardi Matrix
Sales completions at end of Q3 were down over 41 percent from the same period a year ago.
Market Data | Dec 28, 2020
New coronavirus recovery measure will provide some needed relief for contractors coping with project cancellations, falling demand
Measure’s modest amount of funding for infrastructure projects and clarification that PPP loans may not be taxed will help offset some of the challenges facing the construction industry.
Market Data | Dec 28, 2020
Construction employment trails pre-pandemic levels in 35 states despite gains in industry jobs from October to November in 31 states
New York and Vermont record worst February-November losses, Virginia has largest pickup.
Market Data | Dec 16, 2020
Architecture billings lose ground in November
The pace of decline during November accelerated from October, posting an Architecture Billings Index (ABI) score of 46.3 from 47.5.
AEC Tech | Dec 8, 2020
COVID-19 affects the industry’s adoption of ConTech in different ways
A new JLL report assesses which tech options got a pandemic “boost.”
Market Data | Dec 7, 2020
Construction sector adds 27,000 jobs in November
Project cancellations, looming PPP tax bill will undercut future job gains.
Market Data | Dec 3, 2020
Only 30% of metro areas add construction jobs in latest 12 months
Widespread project postponements and cancellations force layoffs.
Market Data | Dec 2, 2020
New Passive House standards offers prescriptive path that reduces costs
Eliminates requirement for a Passive House consultant and attendant modeling.
