Mr. Raj Singh reports

ALTUS GROUP SIMPLIFIES COMMERCIAL REAL ESTATE DEBT MANAGEMENT WITH ARGUS ENTERPRISE 11.5

Altus Group Ltd. has launched Argus Enterprise 11.5, the most-advanced version of its industry-leading commercial real estate (CRE) asset and investment management platform. AE 11.5 delivers robust debt and risk management functionality together with enhanced ease-of-use capabilities. AE has been adopted by thousands of customers around the world and by eight of the 10 largest real estate service providers.

As more capital enters the CRE industry, debt financing structures continue to become increasingly complex. AE 11.5 provides a sophisticated global solution to model and assess the implications of leveraged ownership, including the ability to organize and manage multiple debt obligations, and analyze the implications of debt covenants.

"The CRE industry is faced with a growing and more challenging investment management environment. AE 11.5 provides our clients with clear visibility of both sides of their investments enabling them to better understand the risk and returns of managing and transacting their portfolios," said Raj Singh, executive vice-president of product and marketing at Altus Analytics, the software and data solutions business unit of Altus Group.

"Through forecasting, valuation and portfolio reporting, AE is providing IRC one-stop access to analyzing our assets and our portfolio metrics. We believe there will be tremendous efficiency and accuracy gained from using AE at acquisition, through asset management all the way to disposition," said Anne Arnold, senior vice-president of IRC Retail Centers.

AE 11.5 provides a number of key capabilities:

• Enhanced debt and risk management functionality -- provides visibility into both sides of the investment, allowing clients to manage exposure, and ensure equity and debt obligations are met, and provides the ability to use risk and stress testing to better forecast the impact of asset and portfolio changes using global indices;
• Increased user productivity -- includes a number of ease-of-use improvements, allowing users to rapidly assess and manage a variety of scenarios, and provides additional functionality to build custom dashboards to monitor critical key performance indicators of the portfolio;
• Greater collaboration and compatibility -- increases productivity with improved backward capability and Web-service option for DCF to AE file conversions with variance reporting to manage differences.

Additional information is available on-line.

About Altus Group

Altus Group is a leading provider of independent advisory services, software and data solutions to the global commercial real estate industry. Altus Group has approximately 2,300 employees around the world.