TL;DR
Savills finalises its US$1.1125 billion purchase of Eastdil Secured, creating the new Eastdil Secured Savills brand to operate as its global investment banking arm.
Savills Plc has completed the US$1.1125 billion acquisition of Eastdil Secured, establishing the rebranded Eastdil Secured Savills as its global real estate investment banking arm.
Savills expands global reach with Eastdil Secured
London-listed real estate advisory firm Savills Plc has completed the acquisition of global real estate investment bank Eastdil Secured for an enterprise value of US$1.1125 billion. The completion follows the initial announcement made in March 2026 and expands Savills' reach in the capital markets sector, bringing together highly complementary service lines and geographic footprints.
The acquisition brings Eastdil Secured under the Savills umbrella, operating as the group's real estate investment banking arm. The acquired entity is rebranded as Eastdil Secured Savills with immediate effect. Savills states the combined group will rank as the second-largest advisory firm globally for prime commercial real estate transactions exceeding US$100 million.
Simon Shaw, group CEO of Savills Plc, noted that the unified platform enables the delivery of services for clients at all stages of the property cycle, fulfilling client needs across various real estate sectors and geographies.
Funding and structural integration
The transaction was funded through a combination of loan finance and the issue of new ordinary shares in Savills. These newly issued shares represent approximately 16% of the Group’s enlarged share capital and were provided to the ultimate holders of equity interests in Eastdil Secured. The group of investors receiving shares includes Guggenheim, Temasek, and Wells Fargo, along with the Eastdil Secured leadership team and its senior employees, all of whom have exchanged their existing interests for shares in Savills. The inclusion of Singapore-headquartered state investment firm Temasek highlights a direct regional link in the ownership structure of the newly enlarged advisory group.
Savills Plc, which trades on the London Stock Exchange, currently has more than 42,000 professionals collaborating across over 70 countries to deliver a broad range of services to the commercial and prime residential real estate sectors.
Continuing the existing business model
Eastdil Secured Savills will maintain its existing business model, providing advice on mergers and acquisitions, continuation vehicles, joint ventures, sales, debt placement, structured credit, and loan sales to investors worldwide.
The firm will maintain key headquarters in New York, Santa Monica, and London. Furthermore, its 21 existing offices will integrate with the broader Savills network, expanding its footprint across over 70 countries.
Executive leadership for Eastdil Secured Savills includes Roy H. March as Executive Chairman, who will be responsible for client advisory and execution. D. Michael Van Konynenburg serves as Chief Executive Officer, taking charge of day-to-day operations, strategy, and key client advisory, while James McCaffrey steps in as President, spearheading international growth from London. Both Van Konynenburg and McCaffrey are appointed to the Savills Group Executive Board.
Van Konynenburg described the completion as an important milestone for the firm, indicating a focus on broadening expertise and resources for clients while continuing to deliver capital markets capabilities.
Strategic scale and Asia Pacific relevance
The completion of this deal underscores a sustained push by Savills to enhance its capital markets expertise. According to the company, the transaction accelerates its strategy to scale operations in North America while concurrently strengthening its leadership position in both the EMEA and Asia Pacific regions.
The transaction brings Eastdil Secured's established debt placement and structured credit advisory services into the broader Savills corporate structure, offering an integrated approach across global markets, including Asia Pacific, where Savills maintains a substantial operating footprint.
Frequently Asked Questions
What is the enterprise value of the Eastdil Secured acquisition?
Savills acquired Eastdil Secured for an enterprise value of US$1.1125 billion.
What is the new name of the acquired firm?
The acquired entity will be rebranded as Eastdil Secured Savills.
How was the acquisition funded?
The transaction was funded through loan finance and the issue of new ordinary shares in Savills, representing approximately 16% of the Group’s enlarged share capital.
Who are some of the equity holders involved in the transaction?
Ultimate holders of equity interests who became shareholders in Savills include Guggenheim, Temasek, and Wells Fargo.
Who will lead the newly formed Eastdil Secured Savills?
Roy H. March will serve as Executive Chairman, D. Michael Van Konynenburg as CEO, and James McCaffrey as President.
