Savills is paying USD 1.1 billion for Eastdil Secured — the largest acquisition in the firm’s history by some distance. It will pay for the deal using debt as well as the issuance of new shares.
Company officials cite MSCI data in claiming that the combined group becomes the world’s #2 advisory firm for prime commercial real estate transactions above $100 million.
Eastdil operates across 20 offices from New York, Santa Monica and London and will continue as Savills’ dedicated real estate investment bank. The name will remain the same, as will the company’s existing pay structure. Stuart Jordan, CEO Savills CEE, called the deal “extremely complementary” to the group’s Central and Eastern European business. Still, it’s being interpreted as a play for a greater share of the United States market.
Roy March becomes Executive Chairman; Michael Van Konynenburg steps up to CEO; James McCaffrey takes President to run international growth from London — both joining the Savills Group Executive Board. Senior Eastdil staff become Savills shareholders through consideration shares, subject to lock-up provision.
Savills’ 2025 results underpin the move: revenues increased to £2.55 billion, up 6% year-on-year, while underlying profit before tax rose by 11%.
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