CBRE beefs up PM business ahead of inking T&T deal

By Dave Rogers2021-09-07T05:00:00

Firm brings in Arcadis veteran as finishing touches to £960m deal for UK consultant finalised

CBRE, which is expected to formally ink its deal for a 60% stake in Turner & Townsend later this autumn, has brought in an Arcadis veteran to beef up its project management team.

The US giant is paying £960m for a majority stake in the 75-year-old UK consultant with the deal being completed by the end of this year, possibly as early as next month.

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