Mr. Alex Probyn reports

ALTUS GROUP STRENGTHENS UK COMMERCIAL REAL ESTATE PROPERTY TAX SERVICES THROUGH ACQUISITION OF RATESRECOVERY

Altus Group Ltd. has acquired R2G (RatesRecovery), a specialist chartered surveyors firm focused on business rates services. The acquisition of RatesRecovery strategically enhances the company's business rates offerings in the United Kingdom immediately ahead of the 2017 business rates revaluation.

"We are pleased to welcome the RatesRecovery team to Altus Group," said Alex Probyn, president of Altus Group U.K. "RatesRecovery's solid track record and reputation within the industry strengthens our full-service business rates practice. The acquisition of RatesRecovery adds scale and enhances our position as one of the largest property tax advisers in the U.K."

RatesRecovery, founded in 2002, specializes in business rates advisory for all types of commercial property, including office, retail and industrial bulk classes. RatesRecovery provides a comprehensive suite of business rates consultancy services, including business rate appeals, empty property rates strategies, rate payment services and business rates audits. RatesRecovery's team of experienced professionals, including co-founders Martin O'Neill and Nick Wright, will join Altus Group's global property tax business unit.

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