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Last checked at 
28 Sep 2018 12:28
28 September 2018
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Acquisition of Minority Interest in DRC Capital LLP
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Further to the announcement on 26 July 2018 of the proposed acquisition of a 25% interest in DRC Capital LLP ('DRC') by Savills Investment Management, Savills plc, the international real estate advisory firm, announces that the transaction completed on 28 September 2018.
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As also announced on 26 July 2018, the partners of DRC have granted Savills Investment Management a call option to acquire the remaining 75% interest in DRC on the third anniversary of the completion of the initial transaction.
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The acquisition adds a strategic debt investment capability to the Savills Investment Management platform.
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For further information please contact:
Savills Tel: +44 20 7499 8644
Nick Cooper, Chairman, Savills Investment Management
Simon Shaw, Group Chief Financial Officer, Savills plc
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David Allchurch / Elizabeth Snow
Tulchan Communications Tel: +44 20 7353 4200
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