Savills to Acquire Eastdil Secured in $1.2B Deal From Guggenheim and Temasek

Savills has agreed to acquire Eastdil Secured in a $1.2 billion deal, reshaping the commercial real estate brokerage landscape.

• Current shareholders Guggenheim Investments and Temasek Holdings are selling their stakes in the firm.
• The acquisition gives Savills one of the top investment sales platforms in U.S. commercial real estate.

Savills moves to acquire Eastdil Secured

Global brokerage firm Savills has agreed to acquire Eastdil Secured in a $1.2 billion deal, marking one of the most significant transactions in the commercial real estate advisory sector in recent years. T

he acquisition will see Guggenheim Investments and Temasek Holdings exit their ownership stakes in the firm. The two investors backed a management-led buyout of Eastdil in 2019, a transaction that valued the brokerage at roughly $400 million. Eastdil is led by CEO Roy March, who has helped build the company into one of the most dominant investment sales and capital markets advisory firms in the United States.

What the acquisition means for Savills’ U.S. strategy

For Savills, the deal represents a major expansion of its U.S. commercial real estate platform. While Savills maintains a large global brokerage operation, the company has historically had a smaller presence in U.S. investment sales, a highly lucrative segment of the brokerage industry.

By acquiring Eastdil, Savills gains:

• One of the top investment sales advisory businesses in the U.S.
• Deep relationships with institutional investors and major developers
• A strong presence in capital markets and large-scale property transactions

The acquisition is expected to significantly strengthen Savills’ ability to compete with major firms such as CBRE, JLL, and Newmark in the U.S. capital markets advisory space. Savills is led by CEO Simon Shaw, who has been guiding the firm’s expansion strategy in key global markets.

What the sale means for Eastdil and its investors

The transaction also represents a substantial return for Guggenheim Investments and Temasek Holdings, which backed Eastdil’s management-led buyout seven years ago. In 2025, Eastdil hired BDT & MSD Partners to explore strategic options, including a potential sale of the company. The newly announced deal with Savills appears to be the outcome of that process. Eastdil has long been known for advising on some of the largest commercial property transactions in the United States, particularly across office, hospitality, and multifamily assets.

What the deal signals for the brokerage industry

The acquisition highlights a broader trend of consolidation within the commercial real estate advisory industry, as global firms look to scale their capital markets capabilities. Investment sales advisory remains one of the most profitable segments of commercial brokerage, especially as institutional investors continue to dominate large property transactions. 

By bringing Eastdil into its platform, Savills gains immediate credibility in the U.S. investment sales market while positioning itself to capture more of the high-value capital markets deals that drive brokerage revenue. The deal underscores how global brokerage firms are increasingly pursuing strategic acquisitions to expand market share and compete at the highest level of commercial real estate advisory.