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ARGUS Developer 7.5 Delivers Powerful New Level of Real Estate Development Assurance

ID: 1440259

Provides extensive finance and budgeting flexibility for commercial real estate development projects

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 06/08/16 -- 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, announces the launch of ARGUS Developer 7.5 ("Developer 7.5"). The newly incorporated finance and accounting enhancements of Developer 7.5 provide powerful flexibility to manage project accounting costs, cash flows and actual-to-budget variances across multiple development phases and between systems for greater transparency and control.

"Developer 7.5 represents the most advanced, best-in-class solution in the industry to manage the entire development lifecycle in one intuitive and user-friendly platform. It provides clients the visibility and confidence they require to make strategic and informed decisions allowing them to maintain control over the risks and returns of their development projects," said Robert Courteau, Chief Executive Officer, Altus Group.

As a universal platform to support CRE participants from inception through delivery on development projects, Developer 7.5 includes a number of enhancements to improve user experience including:

"ARGUS Developer enables us to effectively analyse and forecast a variety of acquisition and new development projects, resulting in more strategic and informed decisions on project viability across our portfolio," said Joe Wright, Business Analyst at Barwood, a leading real estate development and investment management company in the UK.

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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 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
Ali Mahdavi
Investor Relations
(416) 234-3660


Jeff Hayward
Vice President, Marketing
Altus Analytics
(416) 234-4212

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Bereitgestellt von Benutzer: Marketwired
Datum: 08.06.2016 - 07:15 Uhr
Sprache: Deutsch
News-ID 1440259
Anzahl Zeichen: 2948

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TORONTO, ONTARIO


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Commercial & Investment Banking


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