REAL ESTATE
Cost and commercial management
Protecting your financial interests through expert cost and commercial management.
ABOUT US
Who we are
Turner & Townsend is a global leader in major project, portfolio and programme delivery. With over 22,000 people in more than 60 countries, we can deliver any project of any size, anywhere in the world. We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world. Our approach to cost and commercial management leverages our global cost database and deep market understanding to set, manage and outperform strong financial baselines. With technology at the heart of our strategy, we provide insight into performance and ensure productivity throughout delivery.
OUR SECTORS
What we do
From transportation to clean energy to data centres, healthcare, utilities and defence and security, we understand the challenges clients face in delivering major capital projects and programmes.
Data
centres
Education
Financial and professional services
Health infrastructure and public expertise
Urban development
Life sciences
Retail
Sports and leisure
Technology, media and comms
OUR PEOPLE
We now have over 700 employees working across the UK in Real Estate Cost Management - Turner & Townsend and Turner & Townsend alinea. As a collective, we now work from 19 offices across England, Northern Ireland, Scotland and Wales.
Glasgow, Edinburgh, Aberdeen, Belfast
Newcastle, Teesside, Leeds, Manchester, Liverpool, Sheffield
Nottingham, Birmingham, Cardiff, Bristol, Oxford
London, Cambridge, Southampton & Plymouth
OUTCOMES
What we've delivered
We are involved in many of the world’s most impactful construction projects and programmes. In the UK alone, we advise on in excess of 30 percent of construction and infrastructure and 50 percent of all major projects in the UK.
This means we have access to more data and insight, better market influence and leverage, better prices, heightened certainty and better control over driving positive client outcomes.
BEYOND THE FUNDAMENTALS
Core focus areas
Within our Cost and Commercial Management offering, we bring together a set of specialist capabilities that go far beyond the fundamentals. These are the areas where our teams apply deeper expertise, sharper insight and proven methodologies to help clients navigate complexity, unlock value and deliver projects with certainty.
Digital
We help cost managers create coordinated, budget-aligned models that reduce risk premiums and support project buy-in. Our expertise shapes BIM methodology to ensure data granularity, enabling quick extraction of accurate quantities for cost plans and visual validation. This coordination and clarity ultimately leads to stronger tender returns from the market.
The Hive is our digital platform for smarter project delivery, which connects every part of delivery in one integrated system.
Parametric cost modelling
Delivering rapid option appraisals and feasibility studies using 20+ cost models across asset classes – built from our robust data set in just 30 minutes.
Benchmarking
Benchmarking assets and project elements using 900+ datasets –enabling design testing and value-for-money analysis, backed by robust data.
Market Rates
Searches 80,000+ market rates by component or unit – supporting cost planning, package review and change control.
Cost Planning and CostX
Combining our Cost Planning app with CostX for 2D/3D measurement – producing quality cost plans and tracking drawing revisions for client approval.
eTender
Offering pricing transparency, tender comparison and a full audit trail –giving clients complete visibility of the tender journey.
Cost Control
Tracking lifecycle changes, VE, risks and cashflow – flowing directly into the Hive Portal for improved client visibility and interactivity.
We've pioneered the concept of managing the dual currencies of construction – cost and carbon – with our award-winning Embodied Carbon Calculator.
Cost
We can reliably assess the cost impact of carbon reduction strategies to support the business case writing and decision making throughout a project's lifecycle.
Carbon
We can deploy this approach throughout the project lifecycle, starting at RIBA Stage 2. Commencing this early improves the prospect of achieving the target outcomes for cost and carbon.
Time
We can quickly assess both the cost and carbon impact of design alternatives which enables the most effective, value driven project solutions to be selected.
Quality
Our integrated assessment of cost and carbon avoids abortive revisits and reworking of design, therefore avoiding delays to the pre-construction programme.
Utilities
Our team comprises a blend of utilities engineers, street works experts and utilities cost advisors.
Deploying this team at the earliest possible stage of a project helps de-risk the project and the associated cost plan or programme being developed.
Facades
Our experienced facade specialists provide unrivalled, technically-informed commercial advice.
Assisting with initial budget setting and through to iterative design, our early facade procurement strategy and delivery ensures certainty around outcomes.
Development monitoring
We have experience working with large funds in both the public and private sector.
Our tailored approach to risk management and mitigation ensures clients' interests are managed and protected.
Highly effective communication and strong project presence enables reporting to be accurate and current resulting in an industry-leading service.
Life cycle and whole-life costing
We have more than two decades of life cycle cost experience providing high-quality, end-to-end cost analyses for complex, multi-disciplinary projects in consistent, easy-to-understand formats.
We see life cycle costing as a holistic approach required to assess the full cost of ownership, and attain the best value for money out of the project from a long-term perspective.
Engineering services
Our team of specialist cost managers focus on MEP aspects of the built environment, delivering the most assured commercial outcomes for our clients.
Our team in the UK comprises over 80 MEP experts from a variety of industry backgrounds, combining to bring unparalleled capability in engineering services across the construction industry.
WORKING IN PARTNERSHIP
What sets us apart
Following our integration with CBRE Group, Inc., we've developed end-to-end project capability. From the earliest stages of strategic planning and funding support, through design, procurement and construction, to asset management, workplace optimisation and eventual decommissioning or repurposing, we’re there to support you every step of the way.
INDUSTRY COLLABORATION
Our influence
We are represented by numerous industry bodies and advisory panels, which collectively help us to influence and innvoate across the construction industry.
Active within the Construction Productivity Taskforce workstreams.
Regularly collaborators on industry research.
Collaborating on committee research, award panelling and conferences.
Regularly collaborators on industry research.
Overseeing active research and working groups.
Global chair, management committee member and research collaborator.
Active member and contributor.
Panel member for better price index discussion.
Co-author of the Best Practice Guide for Public Sector Projects.
CONTACT
Get in touch
Stephanie Marshall Managing Director Cost Management
Stuart Sayer Head of Regional Cost Management
Iain Parker Head of London Cost Management
Mark Lacey Head of UK Markets
"We strive to be the leader in data, digital and the economics of sustainability."
Stephanie Marshall Managing Director, UK Cost Management
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