Real Estate Weekly
Image default
Debt & Equity

Revenue growth for Turner & Townsend

The global program management and construction consultancy Turner & Townsend has increased its turnover to $600 million in the year ended 30 April 2015, with revenue from its North America business growing 11 percent to $100 million.

Photo by Keith Cooper/ Flickr
Photo by Keith Cooper/ Flickr

Turner & Townsend’s North America managing director, Bruce McAra, commented: “As the economy strengthened, our strategy of diversification and focus on delivering great outcomes allowed us to grow our revenue by 11 percent, in spite of challenging conditions created by global oil price reductions.

“Having broadened our geographic footprint in recent years, we continued to concentrated on deepening our technical capabilities in our current locations.

“In property, we experienced growth particularly within the hi-tech, manufacturing and commercial sectors, developing services for existing as well as new clients. Aviation also proved strong, having been appointed on our first major program for Houston Airport Systems.

“We will continue to diversify our client offering by moving into the life sciences, health and education sectors. We will also concentrate on managed services in natural resources, as well as making further progress in the aviation sector.”

The global company, which employs 4,100 staff across 90 offices, has now recorded five successive years of growth and boosted turnover by 75% since 2010.

(Visited 1 times, 1 visits today)

Related posts

Enterprise raises $365M for latest LIHTC fund

REW

JLL arranges $45M financing for two NJ multifamily properties

REW

Colliers arranging $113M funding for mixed use Florida development

REW