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CBRE Combines Project Management Business With Turner & Townsend
CBRECBRE(CBRE) ZACKS·2025-01-06 17:46

CBRE Group (CBRE) announced that it has completed the combination of its project management business with Turner & Townsend. Moreover, Turner & Townsend’s board chair and CEO, Vincent Clancy, has joined CBRE’s board of directors.Turner & Townsend is a majority-owned subsidiary of CBRE since 2021. It offers program management, cost consultancy and project management services around the world. Since 2021, Turner & Townsend’s revenues increased at a compound annual rate of more than 20%.Per Bob Sulentic, chair ...