Savills Acquires Eastdil Secured in $1.11 Billion Deal

Savills signed a definitive agreement to acquire all of the equity of Eastdil Secured, a global real estate investment bank, for an enterprise value of about $1.1125 billion. The acquisition combines Savills’ real estate advisory platform with Eastdil Secured’s real estate capital markets and investment banking capabilities, and strengthens Savills’ presence across North America and other regions.