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Announced

Completed

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

Synopsis

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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