Mr. Robert Ruggles reports

ALTUS GROUP'S COMMERCIAL REAL ESTATE DATA ANALYTICS SELECTED BY CALPERS FOR QUARTERLY VALUATIONS REVIEW

Altus Group Ltd. has expanded its current agreement with California Public Employees' Retirement System (CalPERS) to now include quarterly appraisal management services and enhanced data analytics solutions (Altus Analytics) in support of CalPERS's real estate portfolio valuations and compliance needs.

The Altus Analytics platform is a key differentiator of the company's appraisal management offering:

• Includes cloud-based analytics tools with historical and real-time data that provide users with a competitive advantage in how they examine risk and report on the performance of their real estate portfolios;
• Offers enhanced transparency of portfolios, allowing users to now perform attribution analysis, benchmark performance against indices, the industry and relevant portfolios, and ultimately assess risk to run multiple scenario analyses that help them adjust their portfolios to maximize their value;
• Integrates with the Altus Group's Voyanta data management platform and with the ARGUS Enterprise platform for portfolio valuations, property budgeting, investment structure forecasting, reporting and sensitivity scenarios.

"As more capital is allocated in the real estate asset class, data analytics become increasingly important to portfolio managers. Our Altus Analytics dashboard is a game changer in the industry, empowering portfolio managers with detailed visibility to their portfolio performance and how they assess risks and opportunities," said Robert Ruggles, president of research, valuation and advisory, United States, at Altus Group. "CalPERS's commitment to the platform reinforces the value of our solutions and of data's growing importance in the industry."

CalPERS is one of the largest public pension funds in the world and the largest defined-benefit public pension in the U.S. CalPERS's assets under management are approximately $292-billion (U.S.) as of Aug. 30, 2015, of which the real estate program represents approximately $27-billion (U.S.) (net asset value) holding traditional real estate assets such as office, industrial, multifamily and retail located in the U.S. and other growth markets.