savills.co.uk

Savills Completes Acquisition of Eastdil Secured and Rebrands It

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Savills has completed its acquisition of Eastdil Secured, funded through loan finance and the issue of new ordinary shares representing about 16% of Savills’ enlarged share capital. Eastdil Secured is rebranded as Eastdil Secured Savills and continues as the group’s real estate investment bank. The combined business is positioned as the number two global prime commercial real estate advisory firm, with executive appointments including Roy H. March, D. Michael Van Konynenburg and James McCaffrey.

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