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CBRE completes acquisition of majority interest in and strategic partnership with Turner & Townsend
Transactions - NOVEMBER 2, 2021

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CBRE completes acquisition of majority interest in and strategic partnership with Turner & Townsend

by Andrea Zander

CBRE Group and Turner & Townsend Holdings have completed their previously announced transaction whereby CBRE has acquired a 60 percent ownership interest in, and entered into a strategic partnership with, Turner & Townsend.

Turner & Townsend provides program management, cost consultancy, project management and advisory consulting services for clients in 46 countries. It operates across three business segments: real estate, serving investors and occupiers across all property types, including data centers and life science properties; infrastructure, notably covering transportation, environmental and power generation projects; and natural resources, focused on renewable energy, alternative fuels, liquified natural gas and other projects.

The strategic partnership between CBRE and Turner & Townsend establishes the premier, global provider of program, project and cost management, underpinned by a unique client offer.

“As asset classes evolve and the

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