Turner & Townsend has reported record financial results for 2025, reflecting growing global demand for programme management expertise as governments and private sector organisations invest in increasingly complex capital programmes.
The global programme management consultancy recorded gross revenue of £5.76 billion during the year, alongside significant expansion of its international workforce, which now exceeds 22,000 employees across more than 60 countries.
While the figures include the integration of CBRE’s project management business, the company said it also delivered strong organic growth across all three of its core sectors: real estate, infrastructure, and energy and natural resources.
The results underline the continued strength of the global project delivery market, with organisations seeking greater programme management capability to oversee increasingly large, technology-driven and multi-disciplinary investments.
Managing a Growing Pipeline of Mega Projects
Turner & Townsend’s performance was driven by sustained investment across several of the world’s fastest-growing infrastructure sectors, including data centres, transportation, urban development, energy generation and transmission.
Within real estate, the business reported strong growth across urban development, industrial projects, life sciences, sports venues and data centres.
The company said it is currently supporting nearly £3 trillion of capital investment across major real estate programmes worldwide, highlighting the increasing scale of projects requiring sophisticated programme management.
Recent appointments include work on the UK’s New Hospital Programme, Barclays’ new headquarters in New York and continued global programmes for clients including Google and Shell Real Estate.
As hyperscale data centres continue to expand rapidly in response to growing demand for cloud computing and artificial intelligence infrastructure, Turner & Townsend said its construction management services are helping clients deliver increasingly large and technically complex facilities.
Infrastructure Investment Continues to Drive Growth
Infrastructure remained another major contributor to growth as governments continue investing in long-term economic and social assets.
Key programmes include Heathrow Airport’s expansion, Anglian Water’s long-term capital investment programme and the Clyde 2070 defence programme in the UK.
Internationally, the company secured significant aviation projects across Asia-Pacific, including airport developments in Vietnam and Bangalore, alongside new work in the United States.
The breadth of these programmes reflects a continuing shift towards long-duration, multi-billion-pound investments requiring integrated programme management across planning, design, procurement and delivery.
Energy Transition Creates New Opportunities
The energy and natural resources sector also delivered strong growth throughout 2025, supported by increasing investment in both conventional infrastructure and low-carbon energy.
Among the year’s notable appointments was Turner & Townsend’s role supporting Rolls-Royce’s nuclear programme, further expanding its nuclear programme management capability across six continents.
The growth reflects rising demand for programme management expertise as countries accelerate investment in energy security, grid modernisation and clean energy infrastructure.
AI and Digital Platforms Become Core Delivery Tools
Alongside its financial performance, Turner & Townsend highlighted continued investment in artificial intelligence, data and digital technologies as central to the future of programme management.
During 2025, the company launched Hive Portal, its digital platform designed to connect project and portfolio information into a single integrated environment.
The platform provides clients with real-time visibility across large programmes by aggregating live data from thousands of projects, enabling improved reporting, portfolio oversight and decision-making.
The move reflects a wider trend across the profession, with programme management firms increasingly positioning digital platforms and AI as essential tools for managing risk, improving governance and supporting data-driven delivery decisions.
Programme Management Evolves
Chairman and Chief Executive Vincent Clancy said the results reflected both the strength of the firm’s people and growing client demand for specialist programme management capability.
“Our financial performance is testament to the quality of our people and the trust our clients place in us to manage major projects and portfolios, which are helping drive economies and make a positive impact on the lives of people all over the world,” he said.
Looking ahead, Clancy said continued investment in people, AI and technology would underpin the firm’s next phase of growth, while its partnership with CBRE would strengthen its ability to support clients across the entire asset lifecycle.
He also argued that the role of programme management is changing as organisations navigate increasing geopolitical uncertainty, economic volatility and technological disruption.
“We are pioneering a paradigm shift across our industry to set new standards in programme management centred on performance,” he said. “In a world where uncertainty is the new certainty, navigating global unrest, economic challenges, market volatility and the digital revolution requires unprecedented expertise, global strength and local knowledge to execute the delivery of complex, large-scale projects.”
For project professionals, the results reinforce a broader industry trend. As capital programmes continue to increase in size, complexity and strategic importance, demand is shifting beyond traditional project management towards integrated programme management capabilities that combine digital tools, data intelligence and specialist expertise across the full project lifecycle.
