Savills buys Eastdil Secured
Savills, the London-listed real estate adviser, has agreed to acquire Eastdil Secured Holdings, the New York-based real estate investment bank, for an enterprise value of £827 million ($1,112.5 million), funded through debt and new shares representing approximately 16 per cent of the enlarged share capital. Sellers Guggenheim Investments and Temasek will exit on completion.
Both firms have established life sciences real estate credentials. Savills bought T3 Advisors, a US specialist adviser to life sciences and technology occupiers, in 2021; lets space at UK science parks including Chesterford Research Park in Essex and Unity Campus in Cambridgeshire; and in 2024 acted for DTZ Investors on the disposal of the former Debenhams site in Oxford to The Crown Estate, where around 9,290 sq m of life sciences and innovation space is now being created.
Eastdil Secured's European life sciences team advised on the £250 million recapitalisation of Harwell Campus in 2020. Alongside JLL, it is currently advising Henderson Park on the sale or recapitalisation of Horizon Logistics Park near Dublin Airport, a 121-hectare campus with around 158,000 sq m of completed space occupied by life sciences and healthcare tenants including DHL Supply Chain, UPS Healthcare and Kuehne+Nagel.
🔍 Do you need deeper insights into life sciences real estate?
In addition to our regular updates, we offer bespoke research and strategic analysis for investors and developers in the life sciences sector. Whether you’re evaluating an acquisition, tracking market trends, or need a custom report, our team can help you make informed decisions.
Get in touch to discuss how we can support your next project.