[THIS IS A PRESS RELEASE]
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Savills plc is acquiring Eastdil Secured for $1,112.5 million to create the world’s second-largest advisory firm for major commercial real estate transactions. Announced recently and pending regulatory approval, the deal strengthens Savills’ U.S. presence and Eastdil’s reach in Asia, combining global advisory services with elite investment banking. This strategic merger allows the firms to offer end-to-end real estate solutions across the entire ownership life cycle. Eastdil will operate as Savills’ investment banking arm, with its leadership team transitioning into shareholder roles and joining the Savills Group Executive Board to drive long-term growth.
