CMCS Announces a Business Development Agreement with Altus Group to Provide Comprehensive Real Estate Development Lifecycle Solutions in MENA Region and India

Download the press release

DUBAI (September 21, 2016) – Collaboration, Management and Control Solutions (“CMCS”), a leading project management consulting organisation, today announced a business development agreement with 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. This agreement allows for joint business development and sales of Altus Group’s ARGUS Developer product in the MENA region and India.

For over 30 years, CMCS has empowered organisations around the world with innovative solutions to help them make the best informed decisions possible when selecting, delivering, governing and auditing multi-billion-dollar construction programs. This expertise, combined with Altus Group’s decades of experience providing industry leading technology for real estate investment, asset management and development lifecycle management, presents a unique offering to the MENA and Indian CRE and construction markets.

“CMCS’ success and growth is predominantly attributed to its clients, partners and team members with whom we relentlessly strive to deliver a successful and valuable customer experience,” said Bassam A. Samman, Founder, Chairman and Group CEO of CMCS. “We’re excited by the formalisation of our relationship with Altus Group; one I know will be of great benefit to us and the Indian and MENA markets.”

“To support our continued growth in the global CRE market, Altus Group is delighted to align with a strong, regional partner in the Middle East,” said David Oates, Senior Vice President, International at Altus Analytics, the software and data solutions business unit of Altus Group. “Their proven track record of streamlining project management for construction industry customers and using data to deliver transparency and governance aligns perfectly with the capabilities of Altus Analytics.”

ARGUS Developer is a comprehensive single platform to model, forecast, manage, analyse and report on CRE development project cost and cash flows, from project inception and feasibility through to planning, execution and completion.

CMCS will be running a series of training days in Dubai in early December, tailored specifically for the real estate development sector. These sessions will focus on feasibility analysis and real estate development monitoring, and are designed for anyone looking to expand their knowledge and skills in these areas. For more details about these training days, please contact CMCS at info@CMCS-MENA.com.

About CMCS

CMCS is the leading Project Management Consulting organisation in the Middle East combining deep industry knowledge, unmatched track record in delivering Oracle Primavera and PMWeb solutions, internationally accredited project management training and disciplined project and risk management practices. CMCS provides integrated, 360°, sustainable, quality Project Portfolio Management (PPM) solutions helping capital-intensive organisations in the Engineering and Construction, Infrastructure, Oil and Gas, Power and Energy and Public Sectors to identify, prioritise, select and deliver all projects right, the first time.

FOR FURTHER INFORMATION, PLEASE CONTACT: CMCS at info@CMCS-MENA.com

DOWNLOAD THE PRESS RELEASE