TORONTO (January 22, 2016) – Altus Group Limited (ʺAltus Groupʺ or “the Company”) (TSX: AIF) announced today that it has made certain changes to its executive roles.
ARGUS Software is pleased to announce the ARGUS University Challenge 2016.
Now in the 6th year of the challenge, ARGUS Software has given away over $70,000 in prize money to students aspiring to be the next generation of commercial real estate professionals. Through this challenge, students create real-world investment strategies through informed decisions using ARGUS solutions. “ARGUS is very proud to support the educational community. Commercial real estate continues to evolve, and we are committed to helping universities prepare their students for a future career in real estate” said Lynn Clarke, VP of Global Education and Training Services at ARGUS Software.
Acquisition of Reputable Real Estate Software Implementation Firm Delivers Unique Technical Skillsets, Software Tools and Technology, and Boosts Bench Strength
TORONTO (December 1, 2015) – Altus Group Limited (“Altus Group” or “the Company”) (TSX: AIF) announced today that it has acquired Integrated Real Estate Resources, Inc. (“INTRER”), a firm providing software implementation, business process improvement and customized solutions globally to the commercial real estate industry. The acquisition of INTRER significantly enhances the Company’s application services capabilities of its ARGUS Software (“ARGUS”) subsidiary, providing for a one-stop solution for implementing ARGUS’ products.
Real estate services firm signs enterprise agreement to use AE within capital markets, advisory, and investment management businesses
TORONTO (November 4, 2015) – ARGUS Software Inc. (“ARGUS”), the leading global provider of commercial real estate software solutions (a subsidiary of Altus Group Ltd., TSX: AIF), is pleased to announce that JLL, a global leader in commercial real estate professional services and investment management, has chosen to expand the use of ARGUS Enterprise (“AE”) to support clients’ portfolio decision-making needs in its capital markets, advisory, transaction and investment management businesses.
“The industry is now facing a huge interest, upwards of $500 billion in just this year alone of new capital,” he said. “But in general, across the board, [IT] systems aren’t where they need to be in order to absorb that investment efficiently.”
Jeff Hayward, Global VP of Marketing, ARGUS Software
The industry has been taking steps to “future proof” assets, meaning that owners are spending cash on things like smart building technology, automation systems and improved energy efficiency.
According to Altus Group’s newly released Altus Group CRE Innovation Report, commercial real estate firms need to speed up investment in technology innovation to efficiently capture and manage increasing levels of capital allocation to the industry. – See more at: http://www.worldpropertyjournal.com/real-estate-news/united-states/altus-group-altus-group-cre-innovation-report-commercial-real-estate-it-spending-2016-bob-courteau-institutional-real-estate-capital-investment-reit-technology-trends-real-estate-automation-9396.php#sthash.1qLskzIT.dpuf
The use of out-of-date IT systems to manage property portfolios globally is a real cause for concern for investors representing $1 trl (€900 bn) of assets, a new research report shows.
Three-quarters of commercial real estate firms are operating in data silos, making top-level insight and timely decision-making a significant challenge, finds a new report from ARGUS Software.
Future-Proofing the CRE Industry – Is Commercial Real Estate’s Innovation Curve Moving Fast Enough? identifies existing gaps and opportunities in the use and adoption of technology, and explores how greater investment in data management solutions can positively affect decision-making and returns.
A report based on a survey of 300 real estate investors around the world has found that $11 trillion of assets are currently managed in manual spreadsheets.