Latham & Watkins Represents Eastdil Secured LLC in Acquisition by Savills

Savills plc, one of the world’s leading real estate advisory firms, announced that it has signed a definitive agreement to acquire all of the equity of Eastdil Secured LLC, a preeminent global real estate investment bank, for an enterprise value of US$1,112.5 million. The acquisition is scheduled to complete in due course following satisfaction of customary regulatory and closing conditions.

Latham & Watkins LLP represents Eastdil Secured in the transaction with a corporate deal team led by Los Angeles partner Julian Kleindorfer and Chicago partner Owen Alexander, with associates Michael Magstadt, Eric Czubiak, Michelle Kim, Cyrie Wilson, Blake Clevenger, and Noah Hellum, and assistance from Olivia Cardenas and Nate Gelfand‑Toutant. Advice was provided on UK corporate matters by London partners Richard Butterwick and Anna Ngo, with associate Harry Redford; on UK finance matters by London partner Hayden Teo; on US tax matters by Los Angeles partner Ana O’Brien and counsel William Kessler; on US executive compensation and employee benefits matters by Los Angeles partner Julie Crisp and counsel Richard Nettles, with associate Iryna Onyshchenko; on UK executive compensation and employee benefits matters by London partner Kendall Burnett and counsel Shaun Thompson, with associate Rebecca Fielding; on labor and employment matters by Chicago partner Nineveh Alkhas, with associate Jocelyn Wexler; on real estate matters by counsel Jeffrey Anderson, with associate Michael Nieberg; on intellectual property matters by New York partner Jeffrey Tochner, with associate Alan Kim; on US data privacy and cybersecurity matters by Bay Area partner Robert Blamires, with associates Stuart Cobb and Madhavi Nambiar; on UK data privacy and cybersecurity matters by London partner Gail Crawford, with associate Annabel Loose; on FCPA matters by Washington, D.C. partner Erin Brown Jones; on sanctions and trade controls matters by Washington, D.C. partner Andrew Galdes, with associate Thomas Lane and assistance from Daniella Kis; on UK FCA regulatory matters by London partner Nicola Higgs, with associates Jaime Martin and Sara Sayma; on US antitrust and HSR matters by New York partner Katherine Rocco and counsel Jamie Sadler, with associates Karen Kim and Carla Palma, and assistance from Helen Lee; on ex‑US antitrust and FDI matters by Brussels partners Hector Armengod and Greg Bonné and counsels Wesley Lepla and Philipp Studt, with associates Jérôme de Ponsay and Luca Donatella, and assistance from paralegal Gregor MacDonald; on FINRA regulatory matters by counsel Naim Culhaci, with associate Haoyu Gu; on Dubai financial regulatory matters by associate Matthew Rodwell; on environmental matters by counsel David Langer; and on insurance matters by Los Angeles partner Drew Levin and counsel Hannah Cary, with associate Cole Frost.