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British brokerage Savills to buy real estate bank Eastdil Secured for $1.1B

Luxury real estate sales are set to outpace the general market Luxury real estate sales are set to outpace the general market

 

Savills plc, a leading British real estate advisory and brokerage firm, has signed a definitive agreement to acquire all the equity of Eastdil Secured, a global real estate investment bank, for $1.11 billion.