Turner & Townsend

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Real estate firm CBRE is to acquire a majority interest in project management firm Turner & Townsend. CBRE will acquire a 60% stake for approximately £960 million in cash, with 55% to be paid upon closing, and enter into a strategic partnership with the UK-based company.

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Construction Scotland Innovation Centre (CSIC) has announced the appointment of Andy Outram as its new chairperson. Andy has extensive experience across the UK’s construction sector, having worked in the industry for 35 years. He is currently lead director for real estate in Scotland at Turner

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