What Naismiths does

Naismiths is a UK-based real estate consultancy founded in 1963 by George Naismith in Birmingham, providing professional services to construction industry clients across the full property lifecycle. Its core offerings include Project Monitoring, Cost Consultancy, Building Surveying, Restructuring and Advisory, Project Management, M&E Consultancy, and Sustainability Consultancy, delivered across ten sectors spanning Commercial, Residential, Healthcare, Education, Finance, Hospitality, Student Residential, Retail, Civic & Heritage, and Retirement Living. The firm operates through eight regional UK offices, supplemented by a new London office opened in October 2025, under a director-led instruction model targeting real estate developers, lenders, fund managers, and construction companies.

In 2023, Naismiths launched N3 Analytics, an internal digital platform positioned as the UK's most comprehensive analytics and insights tool on construction project data, providing standardized cost benchmarking from live and historical project datasets. In May 2024, the firm entered a strategic merger with Edmond Shipway Ltd (part of Cornerstone Group Holdings), effectively doubling its operations and extending its service portfolio into M&E and Sustainability Consultancy while retaining both brands. Revenue is generated through quote-based professional services fees on a project basis; no subscription, productized SaaS, or publicly listed pricing exists. The go-to-market is sales-led and relationship-driven, anchored by long-term lender and developer panel relationships including Downing, Burrington Estates, Paragon, BLG Development Finance, and Center Parcs.

Name

Naismiths

Legal name

Naismiths limited

Website

https://naismiths.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

101–250 employees

Short description

Naismiths is a UK-based real estate consultancy providing project monitoring, building surveying, cost consultancy, restructuring, M&E, and sustainability services to developers, lenders, and construction firms across ten sectors, operating through eight UK regional offices.

Ownership category

akta.pro rank

Product category

Real Estate Consultancy

NAICS

Other Activities Related to Real Estate (531390), Professional, Scientific, and Technical Services (54)

SIC

Services-Management Consulting Services (8742), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Strategy & Portfolio Consulting (Corporate/Institutional) (BPAJANAB)

akta.pro secondary industries

Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC), Construction Progress & Draw Inspection Valuation (BPAJAKAM)

Keywords

• Construction consultancy
• Project monitoring
• Cost consultancy
• Building surveying
• M&E consultancy

Headquarters

HQ city

Birmingham

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Consultancy Services: Real estate consultancy providing project monitoring, building consultancy, restructuring and advisory, M&E and sustainability consultancy services to the construction industry.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Naismiths is a UK-based real estate consultancy providing professional services to the construction industry. Its core offerings include project monitoring, building surveying, cost consultancy, project management, restructuring and advisory, and M&E and sustainability consultancy, delivered through eight regional UK offices with director-led instruction. The firm also developed N3 Analytics, an in-house data and cost benchmarking platform, to support its consultancy work.

Product overview

Naismiths is a UK-based real estate consultancy offering a portfolio of professional services centred around four complementary offerings: Project Monitoring, Building Surveying/Consultancy, Restructuring and Advisory, and M&E and Sustainability Consultancy. The company operates across ten sectors including Commercial, Residential, Healthcare, Education, Finance, and Hospitality. In 2023, they expanded their capability by launching N3 Analytics, their own data and insights platform that aggregates live construction project data with historical benchmarks to deliver standardised cost benchmarking. In 2024, they merged with Edmond Shipway, adding M&E and Sustainability Consultancy to their service portfolio. Services are delivered through eight regional UK offices with director-led instruction and a technology-driven approach.

Differentiator

Problem solved

Functional benefit

Brands

• N3 Analytics: UK's most comprehensive analytics and insights platform on construction project data launched in 2023. The platform distils data from live projects complemented by historical data to show the strongest picture of cost benchmarking in a simplified, accessible and standardised way.

Products and services

• Project Monitoring

Quantifiable outcome

• Over 10,000 projects delivered as a business
• +1 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Edmond Shipway LtdcoreStrategic or Co-development Partner · 1 May 2024Strategic partnership announced in May 2024, effectively doubling operations and expanding service offering and regional presence. Edmond Shipway is part of Cornerstone Group Holdings Ltd. The merger combines Naismiths' project monitoring and building consultancy expertise with Edmond Shipway's project management, cost management, and M&E consultancy services. Both companies continue to trade under their respective brands with no changes to existing management teams.
• Cornerstone Group Holdings LtdcoreStrategic or Co-development Partner · 1 January 2024Parent company of Edmond Shipway Ltd. The partnership forms a combined group under the leadership of Ben Harwood as CEO, elevating capabilities of both entities and providing clients with enhanced services and an expanded talent pool.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Arcadis: Large global design, engineering, and consultancy firm with a UK real estate advisory practice covering cost management and project monitoring — broader portfolio but directly competes for the same lender and developer mandates.
• CBRE: Global real estate services firm with UK project management and building consultancy practices serving developers and lenders. A scaled incumbent whose real estate advisory competes for similar institutional clients.
• AECOM: Global infrastructure and real estate consultancy with cost management and project advisory capabilities. A scaled incumbent whose UK real estate practice competes with Naismiths for large, multi-disciplinary mandates.
• Mott MacDonald: Major UK-headquartered engineering and development consultancy with property advisory and project monitoring offerings — broader engineering focus but overlaps with Naismiths' real estate consultancy work.
• Knight Frank: UK-headquartered global real estate consultancy with property advisory, building consultancy, and project management services — overlapping with Naismiths' developer and lender client segments.
• JLL (Jones Lang LaSalle): Global real estate services and investment firm with project and development services in the UK. Competes for developer and institutional real estate advisory mandates alongside Naismiths.

Direct peers

• Currie & Brown: International construction consultancy offering cost management, project monitoring, and advisory to developers and lenders. Highly comparable service portfolio and client profile to Naismiths, including UK lender monitoring work.
• Rider Levett Bucknall (RLB): Global quantity surveying and construction consultancy with significant UK presence in cost management and project monitoring for lenders and developers — closely mirrors Naismiths' chartered-surveyor service model.
• Turner & Townsend: Global professional services firm focused on cost consultancy, project management, and programme advisory in real estate and infrastructure — overlapping strongly with Naismiths' project monitoring and cost consultancy services.
• Gleeds: UK-headquartered international construction and property consultancy with strong quantity surveying, project monitoring, and cost management practices — directly comparable to Naismiths' core service mix and customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Naismiths