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New Deal


Announced

Completed

Savills completed the acquisition of the remaining 75% stake in DRC Capital for up to £65m.

Financials

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Transaction Value£65m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned25%
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

real estate investment

United Kingdom

Commercial REITs

Acquisition

Private

Single Bidder

Domestic

Completed

Synopsis

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Savills, an international real estate advisor, completed the acquisition of the remaining 75% stake in DRC Capital, the European real estate debt manager, for up to £65m ($92m). "DRC continues to innovate in the real estate debt market and has rapidly built an enviable position in an increasingly competitive environment. We are very happy with the progress of the partnership since 2018 - the combination of Savills IM's and DRC's investment teams provides a compelling offering to our clients by providing investment opportunities across the entire real estate capital structure," Alex Jeffrey, Savills Investment CEO.

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