CBRE completes plan to merge T&T with its own PM business

By Daniel Gayne2025-01-03T12:12:00

US giant now owns 70% of combined project management firm

CBRE Group has completed its plan to combine its project management business with Turner & Townsend (T&T).

The 76-year-old British consultancy firm has been a majority-owned subsidiary of the US real estate giant since a deal in November 2021, when the UK firm was valued at £1.6bn.

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