Text: | Print|

China real estate M&A volume sets record

2013-11-29 11:31 chinadaily.com.cn Web Editor: qindexing
1

China real estate-targeted M&A volume reached $6.8 billion in November, so far, and is already the highest monthly volume on record, statistics from financial service platform Dealogic showed on Thursday.

Deal volume is also almost fivefold on the $1.4 billion announced in November 2012 and is up 51 percent compared to the $4.5 billion of October.

Despite the increase in volume, deal activity (27 deals so far in November) is down on October 2013 (39 deals). The number for November 2012 was 36 deals.

Real estate is the leading sector for China-targeted M&A volume with a record $37 billion announced so far in 2013.

This accounts for 17 percent of total China M&A volume ($219.2 billion), and more than double the $14.7 billion announced in 2012 year-to-date.

Similarly, the Asia-Pacific region, (excluding Japan) real estate M&A volume also stood at a year-to-date record of $79.8 billion, an 82 percent year-on-year increase.

Comments (0)
Most popular in 24h
  Archived Content
Media partners:

Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.