Savills Completes $1.1 Billion Acquisition Of Eastdil Secured LLC
New Delhi, August 5, 2026: International real estate advisor Savills Plc has officially completed its acquisition of global real estate investment bank Eastdil Secured LLC for an enterprise value of $1,112.5 million. The completion follows the initial transaction announcement made on March 12, 2026, and establishes the combined entity as a major force in global real estate advisory services, Savills said in a press release.
The transaction was funded through loan financing alongside the issuance of new ordinary shares in Savills, representing approximately 16% of the group’s enlarged share capital. These shares were issued to ultimate equity interest holders in Eastdil Secured, including institutional investors Guggenheim, Temasek, and Wells Fargo, as well as Eastdil Secured’s executive leadership and senior employees.
Effective immediately, the acquired entity will rebrand as “Eastdil Secured Savills” and operate as the group’s dedicated real estate investment bank while maintaining its core business model. The unit will focus on M&A advisory, continuation vehicles, joint ventures, sales, debt placement, structured credit, and loan sales. Combined, the organization stands as the number two global advisory firm for prime commercial real estate transactions exceeding $100 million.
The executive leadership of Eastdil Secured Savills features Roy H. March as Executive Chairman, D. Michael Van Konynenburg as Chief Executive Officer, and James McCaffrey as President. Both Van Konynenburg and McCaffrey will join the Savills Group Executive Board. The unit will maintain major headquarters in New York, Santa Monica, and London, integrating its 21 existing offices into Savills’ global network across more than 70 countries.
Commenting on the deal, Simon Shaw, Group Chief Executive of Savills Plc, said: “Together we provide a stronger, 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, added: “This is an important milestone for our firm. 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.”
Addressing the regional expansion, Martin Fidden, Chief Executive Officer, Asia Pacific (Ex Greater China), noted: “The addition of Eastdil Secured Savills significantly enhances our capital markets offering across Asia Pacific and broadens the range of expertise available to our clients. By bringing together Eastdil Secured Savills market-leading investment banking and transaction capabilities with Savills’ established advisory platform, we are creating a more comprehensive service offering across sectors, asset classes and markets. This strengthens our ability to support clients through increasingly complex investment decisions and reinforces our position as a leading advisor throughout the real estate lifecycle. We look forward to working alongside our new colleagues to deliver even stronger outcomes for clients across the region.”
Highlighting the impact on regional market coverage, Raymond Lee, Chief Executive Officer, Greater China of Savills, stated: “This transaction represents a significant step forward for our business and further strengthens Savills ability to support clients across Greater China. As capital becomes increasingly global in nature, investors are seeking trusted advisors who can help them navigate opportunities across markets and connect with the right sources of capital. By combining Eastdil Secured’s exceptional expertise in real estate investment banking and capital markets with Savills’ extensive global network and local market knowledge, we are creating a stronger platform to support both inbound and outbound investment activity. We are confident this partnership will unlock new opportunities for our clients and further enhance the strategic advice and execution capabilities we provide across Greater China.”
