CBRE and Turner & Townsend’s partnership celebrates its second anniversary

The strategic partnership between CBRE and global consultancy heavyweight Turner & Townsend celebrates its second birthday this month.

In November 2021, CBRE Group Inc completed its acquisition of 60% of Turner & Townsend in a significant global transaction NZD $1.96 billion in value. The strategic partnership between CBRE and Turner & Townsend established the premier, global provider of programme, project and cost management, underpinned by a unique client offer.
Turner & Townsend is a global professional services company employing over 10,000 people in 50 countries. It is recognised for its collaborative approach to achieving client outcomes across three business segments: real estate, infrastructure and natural resources. The firm specialises in major programmes, programme management, cost and commercial management, net zero and digital solutions, resulting in a highly impressive portfolio of work globally.

Turner & Townsend first began operating in New Zealand in 2010. Since then, the team has worked on high-value projects and programmes across the health, education, banking, technology and infrastructure sectors locally. This includes several flagship projects including the Christchurch Hospital Acute Services building, the Auckland City Rail Link and the Scott Base redevelopment, from its offices in Auckland and Christchurch, said Green.

Since forming the strategic partnership with Turner & Townsend, the collaboration has grown through the Pacific region and New Zealand, said Tim Rookes, CBRE Christchurch Managing Director.

“Our partnership in Christchurch and New Zealand enables us to deliver significant benefits for clients and, diversify how we support clients, while providing a great place for our people to advance their careers.”

James Green, Turner & Townsend Christchurch office lead, commented: “I am excited about the future of CBRE and Turner & Townsend supporting clients across Christchurch and New Zealand. I look forward to optimising our joint experience and complementary services to add greater value to our clients.”