After years of working together and competing in the commercial real estate space, Savills plc has struck a deal to acquire Eastdil Secured LLC for $1.11 billion, a move that Savills sees as providing a major boost to its top line.
The stake here for Savills is simple: it's an opportunity to expand by acquiring a global real estate banking giant, which operates 20 total offices across the world, including in U.S. gateways like Miami, Dallas and Boston.
The move for Savills expands its presence in the Asia-Pacific region, broadens capabilities in consulting, transactional and advisory services, creates a platform to support future growth and bolsters experience for clients.
The acquired company, which has been known as Eastdil Secured since 2019 when it merged with real estate banking firm Secured Capital Corp., will continue operating its same business strategy.
According to Savills, the acquisition marks one of its largest made in the brokerage's history.
"As part of Savills, Eastdil Secured will continue to serve as a trusted advisor and provide clients with unmatched capital markets and commercial real estate expertise, now with more resources as part of a larger organization with complementary geographic reach and advisory capabilities," Roy H. March, executive chairman of Eastdil Secured, said in a statement.
"The Savills team shares our commitment to excellence and our emphasis on discretion, collaboration, and insight-driven execution. We look forward to continuing to grow and deliver for our partners as part of this industry-leading global platform".
Simon Shaw, CEO of Savills, revealed on its second half 2025 earnings call today that its "strong balance sheet" gave it the flexibility to strike the deal.
Nick Sanderson, chief financial officer of Savills, expects that the acquisition will boost the company's CRE transactional revenue by 70 percent, with total annual revenues increasing to more than GBP 3 billion.
For the full year 2025, Savills posted 6.1 percent top-line growth, with transactional business revenues up four percent.
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