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Altus Group Delivers Greater Decision-Making Horsepower to Commercial Real Estate Industry with ARGUS Enterprise 11.6






TORONTO, ONTARIO — (Marketwired) — 03/22/17 — Altus Group Limited (“Altus Group”) (TSX: AIF) a leading provider of independent advisory services, software and data solutions to the global commercial real estate (“CRE”) industry, has launched ARGUS Enterprise 11.6 (“AE 11.6”) the most advanced version of its industry leading commercial real estate asset and investment management platform. AE 11.6 is a single platform that enables users to transact and value faster with simplified interfaces, more intuitive navigation and detailed reporting to help our customers gain portfolio transparency and optimize performance. ARGUS Enterprise has been adopted by thousands of customers and by the largest real estate service providers around the world.

“The CRE industry is becoming increasingly institutionalized and requires greater transparency to meet investor expectations for real-time information on assets, portfolios and investment performance. ARGUS Enterprise is a trusted industry solution that allows our customers to better leverage their data, analyze risk and gain visibility into their portfolio and investments on a global basis,” said Robert Courteau, Chief Executive Officer at Altus Group.

“Having used ARGUS Enterprise while previously working with a large public REIT and currently with a smaller private equity company, it is the ideal solution for quickly and efficiently analyzing transactions and ultimately determining the right valuation. The ease of use and robust reporting capabilities help us make timely strategic real estate investment decisions. ARGUS Enterprise is a must-have for organizations big and small,” said Jason Hicks, Senior Vice President, NEWPORT US RE, a US-based subsidiary of German private real estate company NEWPORT HOLDING GmbH.

AE 11.6 provides a number of key capabilities:

As customers around the world continue to adopt and recognize the benefits of ARGUS Enterprise as their solution to transact, value and manage their commercial real estate assets, Altus Group will be discontinuing support for ARGUS DCF on June 30, 2017 and ARGUS ValCap on December 31, 2018. In order to ensure a smooth transition, AE 11.6 includes key functionality and productivity features specifically tailored for customers previously accustomed to legacy solutions ARGUS DCF or ARGUS ValCap.

Additional Information:

– Online

About Altus Group Limited

Altus Group Limited is a leading provider of independent advisory services, software and data solutions to the global commercial real estate industry. Our businesses, Altus Analytics and Altus Expert Services, reflect decades of experience, a range of expertise, and technology-enabled capabilities. Our solutions empower clients to analyze, gain market insight and recognize value on their real estate investments. Headquartered in Canada, we have approximately 2,300 employees around the world, with operations in North America, Europe and Asia Pacific. Our clients include some of the world–s largest real estate industry participants across a variety of sectors. Altus Group pays a quarterly dividend of $0.15 per share and our securities are traded on the TSX under the symbols AIF and AIF.DB.A.

For more information on Altus Group, please visit: .

Contacts:
Altus Group Limited
Jeff Hayward
Vice President, Global Marketing & Communications
(416) 234 – 4212

Camilla Bartosiewicz
Vice President, Investor Relations
(416) 641 – 9773

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Posted by on Mar 22 2017. Filed under Investment Services & Trading, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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