GLOBAL ADOPTION CONTINUES AS CUSTOMERS RELY ON ARGUS ENTERPRISE AS THE STANDARD FOR COMMERCIAL REAL ESTATE ASSET MANAGEMENT
12 May 2015
TORONTO (May 12, 2015) – ARGUS Software Inc. (“ARGUS”), a subsidiary of Altus Group Limited (“Altus Group”) (TSX: AIF), is pleased to announce it has surpassed the 600 customer milestone for its flagship ARGUS Enterprise (“AE”) platform – the world’s most comprehensive asset and investment management software for commercial real estate.
Over the past two years, AE’s strong momentum has continued to grow with the adoption of thousands of users.
Of the 600+ customers, 35% are now located outside of the US, demonstrating a significant expansion of AE into global markets. Many of the industry’s largest commercial real estate organizations rely on AE including investors, owner operators, lenders, portfolio managers, and 8 of the 10 largest real estate service providers. By incorporating the world’s most widely-used standard valuation methodologies, AE offers a single unified platform to allow commercial real estate organizations to manage, analyze and report on their world-wide assets.