UK - Real estate M&A to increase, says GT

The volume and value of mid-market M&A in the real estate sector has increased significantly over the past year, according to the latest Thomson Financial statistics analysed by Grant Thornton Corporate Finance. Whilst the number of mid-market deals in the real estate sector has increased by 16% between 2004 and 2005 (from 55 during 04 to 64 during 05), the value of such deals has rocketed by 45% (from £3.1bn during 04 to £4.5bn during 05). This means that the mid-market is now responsible for approximately half of all deals in the sector.