The global merger and acquisition activity in the property sector so far this year amounted to $151.8 billion (around Rs 7 lakh crore), the lowest
level in the last six years amid the economic downturn.
Global property sector M&A reached just $151.8 billion via 2,282 deals in 2009, down 34 per cent on 2008 volume, making it the lowest level since 2003,” deal tracking firm Dealogic said.
In the year 2003, the total deal activity in the property segment across the world amounted to $118 billion (Rs 5,48,700 crore) by way of 1,557 transactions.
More : conomictimes.indiatimes.com
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