text: Asia-Pacific's construction & real estate industry cross border deal activity in Q1 2021
  Asia-Pacific's construction & real estate industry saw a drop of 6.33% in cross border deal activity in Q1 2021
  Led by $1.99bn acquisition of Hong Da Development & Investment Holding, Asia-Pacific's construction & real estate industry saw a drop of 6.33% in cross border deal activity during Q1 2021, when compared to the last four-quarter average, according to GlobalData's deals database.
  A total of 37 cross border deals worth $5.98bn were announced for the region during Q1 2021, against the last four-quarter average of 39.50 deals.
  Of all the deal types, M&A saw most activity in Q1 2021 with 32 deals, representing an 86.5% share for the region.
  In second place was venture financing with four deals, followed by private equity deals with one transactions, respectively capturing a 10.8% and 2.7% share of the overall cross border deal activity for the quarter.
  In terms of value of cross border deals, M&A was the leading category in Asia-Pacific's construction & real estate industry with $5.97bn, followed by venture financing deals totalled $15.58m.
  Asia-Pacific construction & real estate industry cross border deals in Q1 2021: Top deals
  The top five construction & real estate cross border deals accounted for an 81.2% share of the overall value during Q1 2021.
  The combined value of the top five cross border deals stood at $4.85bn, against the overall value of $5.98bn recorded for the quarter.
  2) The $989.76m acquisition of Shanghai Xinbao Enterprise Management by Caribbean Hero (HK)
  3) Kaisa Group Holdings' $761.64m acquisition of Logic Capital
  4) The $748.8m acquisition deal with Sichuan Languang Justbon Services Group by Country Garden Property Services HK HoldingsLimited