Altus Group Ltd (ASGTF)

Description:

Altus Group Ltd is governed by the Business Corporations Act (Ontario) pursuant to Articles of Arrangement dated January 1, 2011. It provides real estate consulting and professional advisory services, as well as data, software, and analytics solutions. Its business is segmented into five business units; Research, Valuation & Advisory, ARGUS Software, Property Tax Consulting, Cost Consulting & Project Management and Geomatics. Its Research, Valuation & Advisory segment offers database management, analysis of lease and sale transaction data and provision of customized services, such as impact analysis of mergers on office space demand, consolidation of tenant rosters and lease expiry schedules, feasibility analyses, occupancy strategies, asset benchmarking and vacancy forecasts. Its ARGUS Software segment provides software and solutions for analysis and management of commercial real estate investments. Its software facilitates development and construction, budgeting and forecasting, asset valuation, appraisal management, acquisitions and dispositions, asset and portfolio management, and lease management. The Company serves banks, financial institutions, governments, pension funds, asset and fund managers, developers and landlords, and oil and gas industry. Its Property Tax Consulting segment provides tax management and administration, database resource, negotiations and assessment appeal, vacancy rebate administration, and tax due diligence services. The Company's Cost Consulting & Project Management segment provides quantity surveying, cost analysis, cost feasibility studies, cost planning, bills of quantities, loan monitoring, development cost management, post-contract cost control, reconstruction cost estimation, capital planning, project and construction management, design management, programming, technical due diligences, risk management, and procurement strategies. The Company's Geomatics segment offers well-site and construction surveys, land settlement and cadastral surveys, plan compilation and Internet mapping using geographic information systems, global positioning systems, and light detection and ranging technologies. The Company serves banks, financial institutions, governments, pension funds, asset and fund managers, developers and landlords, and oil and gas industry. The Company competes with local or regional firms offering professional real estate or land based services, accounting and engineering firms and software providers.