Turner & Townsend

What Turner & Townsend does

Turner & Townsend is an independent professional services firm that delivers programme management, project management, cost and commercial management, controls and performance, procurement and supply chain, sustainability, asset and building consultancy, construction management, and digital services for major real estate, infrastructure, and natural resources projects. Founded in 1946 in the United Kingdom and headquartered in Horsforth, Leeds, the firm operates across 64 countries with more than 23,000 professionals serving 19 sectors including data centres, healthcare, clean energy, defence, water resources, and tall and iconic buildings. Its core technology stack combines a global programme management platform spanning 64 countries with deep local expertise, embedded programme management office governance systems for project planning, cost management, quality assurance, and health and safety, and proprietary benchmarks built from a repository of 30,000+ delivered projects (e.g., the Global Office Fit-Out Cost Guide, Data Centre Construction Cost Index, and Global Construction Market Intelligence Report).

The firm's business model is enterprise B2B professional services, with fees quoted based on project scope, complexity, and duration rather than published unit pricing. Go-to-market is direct enterprise field sales via senior client relationship teams, targeting sovereign, infrastructure, and blue-chip corporate clients. Named customers include the UK New Hospital Programme, UK Ministry of Defence, UK Department for Transport, Thames Water, Anglian Water, EirGrid, Barclays, Google, Shell Real Estate, Salesforce, SL Green, Khazna, Rolls-Royce SMR, and Lake Turkana Wind Power, with marquee mandates such as Anglian Water's £11 billion capital programme, Thames Water's AMP8 regulatory assurance, and the EirGrid multi-billion euro grid transformation. Since 2021 the firm has been majority-owned by CBRE Group, Inc. (NYSE: CBRE); CBRE first acquired 60% for approximately £960 million in November 2021, then completed the combination of its own project management business with Turner & Townsend in January 2025, raising its stake to 70% and consolidating the merged entity inside CBRE's Global Workplace Solutions reporting segment.

Turner & Townsend has grown through a combination of organic expansion and targeted boutique acquisitions: Thinc (Australia, 2015), JukesTodd (Australia, 2022), ON THE MARK (UK, 2024), Capisce QS (Australia, 2024), ValueMetric Consultants (Egypt, 2025), and Profica (South Africa, 2026). It has been recognised as the No. 1 Professional Services Firm by ENR in 2026, awarded the King's Award for Enterprise in 2025, and named Consultant of the Year in 2025. The firm publishes industry-leading cost benchmarks, participates in major industry conferences, and is investing in AI-driven construction research through recent MoUs with the Technical University of Munich and Technion-Israel Institute of Technology.

Name

Turner & Townsend

Legal name

Turner & Townsend Limited

Website

https://turnerandtownsend.com

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Turner & Townsend is a UK-founded global programme and project management consultancy delivering cost, commercial, controls, and advisory services across real estate, infrastructure, and natural resources in 64 countries for government and enterprise clients, majority-owned by CBRE Group.

Ownership category

akta.pro rank

Product category

Programme and Project Management Consulting

NAICS

Management, Scientific, and Technical Consulting Services (5416), Engineering Services (54133), Architectural, Engineering, and Related Services (5413)

SIC

Services-Engineering, Accounting, Research, Management (8700), Services-Engineering Services (8711), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Property Management Advisory & Leasing Administration (FSAEAJAN)

akta.pro secondary industry

Sustainable/Green Building & LEED Consulting (BPAHAKAG)

Keywords

• Programme management services
• Project management consultancy
• Cost management advisory
• Construction project controls
• Infrastructure advisory services

Headquarters

HQ city

Horsforth

HQ country

United Kingdom

HQ region

Europe

Offices15 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 Services: Programme management, cost consultancy, project management and advisory consulting services across real estate, infrastructure, and natural resources sectors. Revenue model based on professional service fees for major project delivery.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Turner & Townsend is a global professional services firm delivering independent programme management, project management, and cost and commercial management services for complex real estate, infrastructure, and natural resources projects. The firm provides advisory, controls, procurement, digital, sustainability, construction management, and asset and building consultancy services to enterprise and government clients across 64 countries, with deep sector specialization in data centres, healthcare, clean energy, defence, water, transport, and tall buildings.

Product overview

Turner & Townsend is a global programme management firm offering professional services across real estate, infrastructure, and natural resources sectors. The company operates a platform of integrated services including Programme Advisory, Project Management, Cost and Commercial Management, Controls and Performance, Digital, Asset and Building Consultancy, Construction Management, Procurement and Supply Chain, and Sustainability. The firm serves 19 sectors including Data Centres, Healthcare, Clean Energy, Defence and Security, Water Resources, and Tall and Iconic Buildings. Turner & Townsend has expanded through strategic acquisitions including ON THE MARK (collaborative operating model modernisation), Profica (Africa), ValueMetric Consultants (Egypt), Thinc (Australia project management), and JukesTodd (Australia natural resources). The company is majority-owned by CBRE Group (70%) and employs over 23,000 people across 64 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Programme Advisory
• Project Management
• Cost and Commercial Management
• Controls and Performance
• Digital
• Asset and Building Consultancy
• Construction Management
• Procurement and Supply Chain
• Sustainability

Quantifiable outcome

• UK revenue doubled to £752m in 2025
• +3 more outcomes

Named customers17 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Technical University of MunichminorStrategic or Co-development Partner · 22 June 2026Signed MoU to establish global research network for AI-driven construction project management innovation. Partnership signed at HanmiGlobal Global PM Summit 2026.
• Technion-Israel Institute of TechnologyminorStrategic or Co-development Partner · 22 June 2026Signed MoU to pursue joint AI research projects in construction. Partnership signed at HanmiGlobal Global PM Summit 2026.
• Kepco Engineering & ConstructioncoreStrategic or Co-development Partner · 22 June 2026Trilateral partnership combining HanmiGlobal's project management, Kepco E&C's design and engineering, and Turner & Townsend's project controls and cost management for nuclear power projects.
• CBRE NIminorStrategic or Co-development Partner · 19 May 2026CBRE NI and Turner & Townsend launched United By Sport initiative in Northern Ireland aimed at maximizing economic and community regeneration potential of sports infrastructure.
• United by SportminorStrategic or Co-development Partner · 8 March 2026Turner & Townsend founded United by Sport organization in 2025 to position North East England as premier destination for hosting major sporting events including potentially Olympics.
• Lee & KocoreStrategic or Co-development Partner · 23 February 2026Turner & Townsend Korea partnership with law firm Lee & Ko to enhance legal and engineering services for construction disputes. Collaboration focuses on construction claims, arbitration, and dispute resolution including joint seminars and professional training.
• WSPcoreStrategic or Co-development Partner · 30 January 2026Partnership with WSP and McLaughlin & Harvey supporting IHEEM & NextGen Healthcare Network initiative to foster collaboration and develop future leaders in NHS estates and healthcare construction in the UK.
• KhaznacoreStrategic or Co-development Partner · 29 January 2026Turner & Townsend supporting Khazna in developing hyperscale and colocation data centres across the Middle East meeting rigorous global standards for resilience, efficiency, and sustainability.
• UnipartcoreImplementation/ SI/ Consulting Partner · 25 January 2026Unipart selected as supply chain partner for Rolls-Royce Small Modular Reactor nuclear programme operating as part of Amentum's team alongside Mace, Turner & Townsend, and Hochtief.
• HanmiGlobalcoreStrategic or Co-development Partner · 12 January 2026Strategic trilateral partnership with Kepco E&C combining project management capabilities, design and engineering expertise, and project controls and cost management for global nuclear power market opportunities.
• WSPcoreStrategic or Co-development Partner · 13 October 2025Turner & Townsend, working in partnership with WSP, appointed as key delivery partner for EirGrid's multi-billion euro programme to transform Ireland's national electricity grid.

Scale indicators10 records

Recent moves9 records

Expansion highlights3 records

Direct peers

• AtkinsRéalis: Canadian engineering and project management firm (formerly SNC-Lavalin) with a global nuclear, infrastructure and PM advisory footprint that directly parallels T&T's energy, defence and infrastructure segments.
• Hill International: US-listed project management consultancy specialising in programme, project and construction management for complex infrastructure, transport and energy projects — competes for the same large public and private programme mandates.
• Arcadis: Netherlands-based design, engineering and consultancy firm with strong overlap in cost management, programme advisory and infrastructure projects across real estate, water and mobility — competing head-to-head on cost consultancy mandates.
• Mace Group: UK-based international construction and consultancy group combining project management, cost consultancy and construction services — a direct competitor on UK real estate and infrastructure programmes alongside T&T.
• AECOM: Global engineering and professional services firm with comparable programme management, cost consultancy and advisory services across transportation, infrastructure, environment and real estate. Closest direct competitor on mega-programmes globally.
• Jacobs Solutions: Global professional services firm delivering programme management, engineering and advisory for critical infrastructure, water and advanced facilities. Directly competes with T&T on large UK and international programmes.
• WSP: Global engineering consultancy with overlapping programme management and advisory services, particularly in transport, property and environment. Already a T&T joint delivery partner on EirGrid, illustrating how closely the two compete and collaborate.
• Mott MacDonald: Privately held UK-headquartered engineering, management and development consultancy. Highly comparable multi-sector programme advisory, cost and project management services with similar global footprint.

Broad incumbents

• Bureau Veritas: Global testing, inspection and certification firm expanding into asset and building consultancy services that overlap with T&T's Asset and Building Consultancy and project controls practices.
• Bechtel: Privately held, larger US-headquartered engineering, procurement and construction firm with extensive infrastructure, energy and defence work. Overlaps with T&T on advisory/programme management but is more vertically integrated into construction delivery.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

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

M&A4 records

Investments

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

Frequently asked questions about Turner & Townsend