AE 11 combines robust portfolio finance with enhanced fund and investment transparency to provide the most comprehensive global asset management solution for the CRE industry
TORONTO (January 28, 2016) – ARGUS Software Inc. (“ARGUS”), a subsidiary of Altus Group Limited (“Altus Group”) (TSX: AIF), and the leading provider of software solutions for the commercial real estate (“CRE”) industry, launched ARGUS Enterprise (“AE”) version 11, the most advanced version of its industry leading commercial real estate asset and investment management platform. AE 11 delivers wide-ranging new portfolio management functionality unique to Europe and Asia, and reduces transactional cycle times for investment brokers, lenders, and appraisers involved with acquisitions, dispositions, originations, underwriting and valuations. AE has been adopted by over 1,000 customers and thousands of users around the world and 8 of the 10 largest real estate service providers.
As property and portfolio level finance continues to be a critical element for institutional investors, AE 11 enables clients to evaluate sophisticated portfolio investment strategies and analyze complex lease and debt structures. As a result, real estate asset managers will find it easier to model European and Asian property and forecast returns, and investment and fund managers will have greater flexibility in modeling portfolio, fund and debt structures.
“AE 11 extends the benefits of broad portfolio visibility to investment and fund managers by integrating portfolio forecasts with fund and investment transparency, while providing efficiencies of greater speed and flexibility to capital markets participants. From enhanced support of indexation to leasehold and freehold property valuation common to Europe and Asia, AE continues to set the global standard for asset and investment management,” said Steve Bezner, Executive Vice President, Development and Service Delivery, ARGUS Software.
“We rely on AE to support critical and timely decision making on our real estate investments, providing us with greater visibility and control across our global property portfolio,” said Michael Mayville, VP of Portfolio Management with Oxford Properties, a global platform for real estate investment, development and management and the real estate arm of OMERS.
AE version 11 provides a number of key capabilities:
Portfolio finance analysis: enables powerful analysis and evaluation of sophisticated portfolio investment and financing strategies and now incorporates the standard European debt amortization method.
Enhanced leasing & cash flow modeling: provides users the capability to analyze and manage complex European leasing structures and property cash flow modeling, and offers the ability to value leasehold and freehold interests, and exit valuations common in Europe and Asia.
Global valuation and reporting capabilities: includes valuation functionality for the most widely used valuation standards of choice (DCF, Traditional Valuation, Australian Valuation), and provides for diverse reporting capabilities allowing for easy consolidation on a local and global basis incorporating country-specific assumptions and leasing conventions.