Savills Announces Completion of the Acquisition of Eastdil Secured LLC

Read article: Savills Announces Completion of the Acquisition of Eastdil Secured LLC

Savills has confirmed the completion of its acquisition of Eastdil Secured LLC, for an enterprise value of $1,112.5 million (c.£827 million). This follows the announcement on 12 March 2026 of the proposed acquisition.

Eastdil Secured will be rebranded to “Eastdil Secured Savills” with immediate effect and will continue to operate its existing business model within Savills Group, as the Group’s Real Estate Investment Bank. Eastdil Secured Savills will maintain key headquarters in New York, Santa Monica and London. Its 21 existing offices will join Savills network across more than 70 countries.

Simon Shaw, Group Chief Executive of Savills Plc, commented, “Together we provide a globally connected platform enabling us to deliver for clients at every stage of the property cycle. We are thrilled to welcome like-minded colleagues to the group and I believe that, together, we have an extraordinary opportunity to fulfil client needs across all real estate sectors and geographies.”

D. Michael Van Konynenburg, Chief Executive Officer of Eastdil Secured Savills, said, “With the transaction complete, we look forward to working alongside our colleagues at Savills to broaden the expertise and resources available to our clients while continuing to deliver the unparalleled capital markets expertise, execution and discretion that have long defined Eastdil Secured. Together, we are well positioned to expand our capabilities and create new opportunities for our clients and our people.”

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