Related News
Home » Business » Real Estate
Vibrant real estate M&As seen in H1
Print Edition
The value and volume of real estate merger and acquisition activities continued to be vibrant in China in the first half of the year, with the industry becoming more intensified, a report released yesterday by PwC showed.
From January to June, the total value for domestic real estate M&A deals jumped 78.5 percent year on year to US$44.6 billion whilst the total number of M&A deals rose 24.7 percent to 207, according to PwC, which tracks equity transfer deals within the real estate industry across the country.
“M&A consolidation has become a notable way for real estate companies to expand and a key method to increase their land reserves quickly,” said Franklin Zhai, PwC China deals real estate partner.
“Looking ahead, as market competition further intensifies, real estate enterprises will be more concerned about their scale in order to maintain their leadership which will result in increased industry concentration.”
Industry concentration intensified in the first six months. By sales value, the country’s top-20 developers contributed 35.6 percent of the industry total in the first half, up from 25.2 percent in 2016. The concentration of the top-100 companies hit 58.1 percent during the same period, up from 44.8 percent last year, PwC data showed.
During the six months, M&A transactions in east, central, south and north China took up more than 85 percent of the total value and above 80 percent of the total volume, PwC said.
Shanghai, Beijing and Shenzhen took a combined 40 percent share in value and 35 percent in volume.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
