Construction and real estate private equity deals totalled $1.3 billion globally in July, says Global Data

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Ontario Construction News staff writer

Total construction and real estate industry private equity deals in July 2019 worth $1.3 billion were announced globally, according to data and analytics company GlobalData.

The $190.73 million private equity deal with Brookfield Infrastructure Partners by Brookfield Asset Management was the fourth largest in the month.

The overall international deal value marked a decrease of 1.3% over the previous month and a drop of 41.1% when compared with the last 12-month average, which stood at $2.2 billion.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $536.98 million. At the country level, Spain topped the list in terms of deal value at $405.32 million.

In terms of volumes, Europe emerged as the top region for construction and real estate industry private equity deals globally, followed by North America and then Asia-Pacific.

The top country in terms of private equity deals activity in July 2019 was the US with six deals, followed by France with three and Canada with two.

In 2019, as of the end of July 2019, construction and real estate private equity deals worth $14.28 billion were announced globally, marking a decrease of 74.6% year on year.

The top five construction and real estate industry private equity deals accounted for 96.01% of the overall value during July 2019.

The combined value of the top five construction and real estate private equity deals stood at $1.25 billion, against the overall value of $1.3 billion recorded for the month.

Other large construction and real estate industry deals of July 2019 tracked by GlobalData included:

  • TPG Real Estate’s $371.8 million private equity deal with Tempore Properties Socimi
  • The $328 million private equity deal with Seal For Life Industries by Arsenal Capital Partners
  • Bain Capital Credit’s $300 million private equity deal with D&J Industrial Property (China) Investment
  • DV Holding, Istituto Atesino di Sviluppo, Seac Fin and Tikehau Growth Equity II’s private equity deal with DoveVivo for $55.06 million.

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