Vince Clancy to join CBRE board as T&T set to merge with US firm’s PM business

By Daniel Gayne2024-06-24T14:11:00

Combination of UK consultant and CBRE division to create $3bn firm

CBRE has announced plans to combine its project management business with its majority-owned subsidiary Turner & Townsend, while also appointing Vincent Clancy, T&T chairman and chief executive, to the CBRE board.

It marks the latest step in the American real estate giant’s plan for the 76-year-old UK consultant, in which it has held a 60% ownership interest since November 2021

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community