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Savills Acquiring Eastdil for Reported US$1.2B
Global brokerage Savills plc has agreed to buy real estate investment bank Eastdil Secured. The purchase price would reportedly be approximately £900 million, or US$1.2 billion. Sources confirmed for Connect CRE that Savills will acquire Eastdil.
Eastdil owners Guggenheim Investments and Temasek Holdings have agreed to sell to Savills. Guggenheim and Singapore-based Temasek acquired Eastdil from Wells Fargo in 2019 in a deal valued at $400 million.
The deal is expected to broaden London-based Savills’ U.S. presence, along with its capital markets and investment banking. capabilities. In late 2025, the company launched its U.S. Retail Advisory Services platform. A formal announcement of the Eastdil acquisition will be made when Savills releases its quarterly earnings report on Thursday.
Founded in 1967 and headquartered in New York City, Eastdil is led by CEO Roy March, who joined the company as an intern in 1978. Connect CRE will follow up with additional information as soon as available.
- ◦Sale/Acquisition
