Savills Secured Acquires Eastdil Secured for $1.1B

Deal Expands US Presence

According to Bloomberg, Savills Secured agreed to acquire New York-based Eastdil Secured Holdings in a $1.1B deal. The move marks a major push into the US commercial real estate market for the London-based brokerage.

The transaction includes debt and will use a mix of new shares and additional borrowing. Eastdil shareholders will receive about a 16% stake in the combined company.

Brand Strength and Synergies

Savills Secured plans to keep the Eastdil Secured brand intact post-acquisition and does not intend to change compensation structures or pursue redundancies. The acquisition aims to unlock revenue savings of at least £60M, while broadening Savills’ capabilities in investment and debt advisory across global markets. Eastdil generated $633M in revenue and $113M in underlying earnings last year, with its 650 employees operating in 20 offices worldwide.

Strategic Competition in CRE

The addition of Eastdil Secured positions Savills Secured as a stronger competitor alongside major US real estate firms like CBRE Group and Jones Lang LaSalle. The deal builds on Savills’ earlier expansion into the US leasing advisory space and accelerates its push into investment banking. This expansion comes as US office markets show renewed activity, with leasing volumes recently posting their strongest quarterly performance in five years.

Looking Ahead

Eastdil will continue to operate as a trusted advisor in capital markets under the Savills Secured umbrella, leveraging broader resources and global reach. With regulatory approval pending, the acquisition is expected to close in the second or third quarter of the year, further solidifying Savills Secured’s position in international commercial real estate.