JP Morgan has dominated the latest construction and real estate industry financial advisers M&A league table for Q2 2018, compiled by leading data analytics company GlobalData.
The American multinational investment bank led the field in both value and volume, with the company advising on 15 deals worth $42.5bn, including the top transaction in the industry, the $8.4bn acquisition of DCT Industrial Trust by Prologis.
GlobalData compiles the league table using its own tracking data of all merger and acquisition, private equity/venture capital and asset transaction activity globally.
According to the company, Morgan Stanley and BofA Merrill Lynch achieved second and third place advising on deals worth $32bn and $22.6bn, respectively.
Prakhar Baghmar, Financial Deals Analyst at GlobalData, said: “Although JP Morgan and Morgan Stanley both advised on four out of the top five transactions in Q2 2018, JP Morgan’s work advising on the industry’s top deal provided the edge to lead the ranking.”
Global Construction & Real Estate deals market Q2 2018
Overall deal activity in the construction and real estate sector experienced mixed results in Q2 2018. In value terms it increased 45.3% from $54bn in Q2 2017 to $78.5bn in Q2 2018, while actual volume fell by 40% from 656 to 393 deals over the same period.
Morgan Stanley, which stood second in the construction and real estate league table of financial advisers in Q2 2018, achieved the top position in the global total deals league table featuring the top 20 financial advisers, released by GlobalData recently.
Simpson Thacher shows the way in legal advisers rankings
US-based law firm Simpson Thacher dominated GlobalData’s latest construction and real estate industry legal advisers M&A league table for Q2 2018, in both value and volume terms. The company advised on seven deals worth $24.4bn. Closest rivals Cleary Gottlieb and Goodwin Procter in second and third positions advised on $15.4bn and $13.2bn worth of deals, respectively.