UK's Savills buys Eastdil Secured for $1.1 billion to expand US ...
11 Articles
11 Articles
Savills Buying Temasek-Owned Eastdil Secured for $1.1B
Savills has agreed to buy Eastdil Secured from a consortium led by Singapore’s state-owned Temasek in a deal valuing the Manhattan-based real estate investment bank and brokerage at $1.1 billion including debt. The transaction is expected to significantly expand Savills’... Read More>> The post Savills Buying Investment Advisory Firm Eastdil Secured From Temasek for $1.1B appeared first on Mingtiandi.
Savills Closes $1.1 Billion Acquisition of Eastdil Secured, Reshaping Global CRE Capital Markets
The London-based advisory firm adds one of America’s most storied real estate investment banks to its platform, giving Guggenheim and Temasek a nearly 3x return on their 2019 investment. London-listed real estate advisory firm Savills has agreed to acquire Eastdil Secured Holdings, the New York-based real estate investment bank, for an enterprise value of $1.1 […] The post Savills Closes $1.1 Billion Acquisition of Eastdil Secured, Reshaping Glo…
BREAKING NEWS: Savills Acquisition of Eastdil to Create "Global Real Estate Powerhouse"
Savills plc on Thursday formally announced that it has agreed to acquire Eastdil Secured Holdings, LLC., creating what Savills called “a global real estate powerhouse.” The acquisition, expected to close in the second or third quarter of 2026, is for a total consideration of $921.25 million and gives the real estate investment bank an enterprise value of $1.112 billion. Under terms of the agreement, Eastdil will continue to operate its business …
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