Canadian firm drags world’s real estate players into the future

Altus Group Ltd., a Toronto-based company that started life in 2005 as an income trust providing consulting services for the commercial real estate industry in Canada, has been busy repositioning itself.

Its new goal is to be a technology company with a far reach. It wants to make Altus Analytics the international standard for helping subscribers manage commercial real portfolios that span the globe.

“Companies are looking at investing in real estate on a global basis, and that’s a phenomenon that is going on at a time when there really isn’t a good solution to managing real estate on a global basis,” says chief executive officer Robert Courteau, who joined the publicly traded company in 2012 after serving as global chief operating officer at international software giant SAP. “There hasn’t been tools in this industry like ones commonly available in other asset classes. We are building those tools.”…… Continue Reading in The Globe and Mail