Savills Plc has finalised its acquisition of Eastdil Secured LLC for an enterprise value of $1.1b (£827m), marking a significant expansion of its real estate advisory services. This strategic move, announced on 12 March 2026, positions Savills as a global leader in the sector, enhancing its presence in North America and strengthening its foothold in EMEA and Asia Pacific.
The acquisition was financed through a combination of loan finance and the issuance of new ordinary shares, representing 16% of Savills’ enlarged share capital. Key stakeholders, including Guggenheim, Temasek, and Wells Fargo, along with Eastdil Secured’s leadership and senior employees, have become shareholders in Savills.
Eastdil Secured will now operate under the name Eastdil Secured Savills, continuing its existing business model within the Savills Group. The combined entity is set to become the second-largest advisory firm globally for prime commercial real estate transactions exceeding $100m.
Key leadership appointments include Roy H. March as Executive Chairman, D. Michael Van Konynenburg as CEO, and James McCaffrey as President. The firm will maintain headquarters in New York, Santa Monica, and London, integrating its 21 offices into Savills’ global network.
Simon Shaw, Group Chief Executive of Savills, expressed enthusiasm about the merger, stating, “Together we provide a stronger, globally connected platform enabling us to deliver for clients at every stage of the property cycle.” This acquisition is expected to unlock new opportunities and enhance strategic advice for clients worldwide.
