- Savills
- 12 March 2026 09:29:03
Source: Sharecast
Savills said the deal positions it as "a global leader" in real estate advisory services and transforms the group's positioning in real estate investment banking (REIB) in both North America and EMEA, in line with its strategy.
It said the transaction is "significantly" earnings enhancing and expected to deliver low-to-mid teens accretion in underlying earnings per share in 2027, pre-synergies.
Jointly led out of New York, Santa Monica and London, Eastdil has approximately 650 employees globally operating from 20 offices across the US, Europe and Asia. In 2025, it generated $633m (£470m) of revenue, of which 76% was generated in North America and 24% in EMEA.
Savills chief executive Simon Shaw said: "Eastdil Secured is an organisation we have worked with and admired for many years. It has a complementary geographical footprint and similar culture to our own. This acquisition is a significant step forward for both of us, bringing to the global investment community a much-needed choice of leading advisory partner to deliver a comprehensive suite of investment banking, strategic, financial, development, leasing and other ‘boots on the ground’ property solutions.
"By acquiring a leading REIB provider with strong presence in the US and EMEA, the improved breadth of our services and enhanced global footprint will create significant growth opportunities for the combined group's staff and significant value to both our clients and shareholders."
News of the acquisition came alongside the company’s full-year results, which showed that reported pre-tax profit rose 14.4% to £101m, while underlying pre-tax profit was 11.4% higher at £145.3m.
Revenue increased 6.1% from the previous year to £2.6bn, with year-on-year growth across all four business areas and all three regions.
Savills lifted its total dividend per share to 33.8p from 30.2p a year earlier.
Simon Shaw said: "Despite the well-rehearsed challenges of tariffs and fiscal uncertainty, the group has delivered a strong performance across the board. Whilst our transaction advisory business faced more challenging market conditions during Q2 and Q3 in some of our key markets, we continued to build strong transactional pipelines and were well positioned as clients' confidence and appetite to transact accelerated into Q4, resulting in the strongest Q4 for our transactional business since 2019.
"Our less transactional businesses delivered another year of strong revenue and profit growth and underpinned the strong cash generation, step up in earnings and dividend growth for the group."
At 0925 GMT, the shares were down 6.2% at 939.88p.