Editor's Note: This article has been updated to reflect the finalized financial terms of the acquisition following the official corporate announcement. A previous version included preliminary valuation estimates reported prior to the final agreement.
Savills has struck a roughly $1.1 billion deal to buy New York based investment bank Eastdil Secured, a move that would pull one of the country's most powerful property advisory firms into the London brokerage's global platform. The acquisition would instantly boost Savills' U.S. investment sales and capital markets presence and could reshuffle the competition for the biggest trophy deals. Eastdil's leadership and brand are expected to stay largely intact under the new ownership.
Deal details and timing
The agreement was reported March 11 by industry outlets. According to The Real Deal and subsequent official announcements, Savills will pay approximately $1.1 billion (an enterprise value of $1,112.5 million) to acquire Eastdil Secured from investors that include Guggenheim Investments and Singapore's Temasek. The outlet also reported that Eastdil will continue to operate under its existing leadership and brand after the sale.
As reported by Bisnow, the purchase is expected to be announced alongside Savills' quarterly earnings on March 12 and would be financed with roughly 60% cash and the remainder in Savills shares. If that structure is confirmed, it would represent a sizable cash outlay to lock in an already built U.S. capital markets franchise.
Why Eastdil matters
Industry coverage indicates Eastdil will keep its name and remain "culturally independent" inside Savills, preserving the New York advisory teams that handle the market's biggest sales, per ConnectCRE. For Savills, which has been steadily building U.S. capabilities across services, Eastdil represents instant credibility in high end investment sales and capital markets.
Ownership background
The firm's most recent ownership change came in 2019, when a management led buyout backed by Guggenheim and Temasek took Eastdil private in a transaction valued at roughly $400 million, according to reporting by Bloomberg Law. That deal capped a period in which Eastdil operated inside and alongside major banking ownership structures.
Savills' U.S. push
Savills has been actively expanding in the U.S. The firm launched a U.S. retail advisory platform in November 2025 led by Todd Siegel, in a press release shared via PR Newswire, and installed Simon Shaw as group CEO effective Jan. 1, 2026, as outlined by Savills on its site. Taken together, those moves help explain why Savills might be willing to spend heavily for an established U.S. capital markets platform.
Eastdil, founded in 1967 and headquartered in New York, has led major advisory assignments across capital markets. Commercial Property Executive notes the firm advised on the $1.1 billion City Office REIT sale and arranged a $510 million refinancing for 5 Bryant Park late last year. Eastdil's site lists its head office at 40 West 57th Street in Manhattan, underscoring how central New York is to the deal's focus on trophy sales.
Commercial Observer reported that Savills, Guggenheim and Temasek had not immediately responded to requests for comment at the time trade outlets broke the story. Markets and industry watchers will be looking to Savills' earnings release for a formal confirmation and for clues on how, or whether, the two brands will be integrated.
