Altus Newsroom

More than 470 pubs have closed in the past year, with the industry calling for relief on business rates. Altus Group’s Alex Probyn weighs in.

With roughly seven months of supply available, or 1,872 units, Calgary’s new-build inventory in the condo segment is the lowest among Canada’s largest cities, according to Altus Group data. 

In this final article of a four-part series, Connect CRE reached out to economic experts for their 2H 2024 forecast. Altus Group’s Omar Eltorai weighs in.

Residential property developers are facing rising insolvencies as they struggle with higher borrowing and construction costs. Altus Group’s Colin Doran weighs in.

Multifamily properties continue to be an investment favourite worldwide, with Canada perhaps demonstrating the hyper version of what’s happening in markets elsewhere.

Connect CRE reached out to experts for their analysis of the first half of 2024 and to answer whether the Fed will back off its current interest rate strategy. Altus Group’s Omar Eltorai weighed in.

Altus Group’s Ray Wong expects more Bank of Canada interest-rate cuts will spark office real estate transactions.

The sluggish Canadian commercial real estate market is getting ready for better times, according to Altus Group’s Ray Wong.

Heathrow Airport is set to confront a near-£1 billion surge in business rates from 2026, a burden likely to be transferred to passengers by the airport’s prospective new foreign owners.

The overall number of pubs in England and Wales, including those vacant and being offered to let, fell to 39,162 at the end of March, according to Altus Group data.

Chicago and New York City have topped the list of cities for the highest effective property tax rates, more than double the 10-city average, according to Altus Group’s 2024 US Real Property Tax Benchmark Report.

Altus Group’s Niall McSweeney says that while the Australian Government’s announcement is a step in the right direction, it’s only one piece of the puzzle to unlocking housing affordability.

Altus Group’s Q2 2024 CRE Industry Conditions and Sentiment Survey reveals industrial and multifamily asset classes are expected to be best performers over the next 12 months, while the office sector is anticipated to be the worst performer.

Altus Group’s Gordon Richardson discusses his career journey, the importance of fostering a culture of innovation and collaboration within his team, and the need for adaptability in a rapidly changing industry.

According to Altus Group's Q1 2024 Pan-European dataset analysis, the decline in valuations for Europe's commercial property sector, which has persisted for nearly two years, is showing signs of easing.

Calgary’s resale real estate isn’t the only housing market on a hot streak since the pandemic, the city’s new homes market is also red hot. Altus Group’s Omar Eltorai and Ray Wong weigh in.

Altus Group's Omar Eltorai, Research Director, has been recognized as a 2024 Connect CRE Next Generation Award winner!

Altus Group India recognized as a “Future Ready Organization 2024-25” at Economic Times Award.

There are few certainties amid an uncertain economy. But, for consumers, a regular trip to the grocery store tends to be a sure bet. Altus Group’s Cole Perry explains why grocery-anchored retail is drawing so much attention.

Rising interest rates and inflation, emerging trends, regulatory changes, and geopolitical developments are poised to upend the feasibility of even the most optimistic development, according to insights from Altus Group’s Niall McSweeney.

New home sales in March were down 16% from March 2023 and 66% below the 10-year average, according to Altus Group, BILD’s official source for new home market intelligence.

Demand for newer office space will remain strong across Canada, says a new Altus Group report.

Altus Group announces the 2024 winners of the 15th annual ARGUS University Challenge.

Altus Group’s Jon Redmond comments on the rise in retail values in Dallas County.

According to Altus Group, grocery-anchored retail properties remain a top prospect for investors, outpacing non-grocery-anchored assets for occupancy, while trading at a much lower cap rate.

Pubs and restaurants in the UK brace for a £3.2bn surge in payroll costs as both national living wage and national minimum wage increase.

Altus Group’s Q1 2024 CRE Industry Conditions & Sentiment Survey reveals 80% of respondents expect their near-term transaction activity to pick up over the next six months.

According to Altus Group's latest CRE Industry Conditions & Sentiment Survey, 25% of CRE executives say their primary focus over the next six months will be deploying capital.

In the face of unprecedented population growth, Calgary’s condo market has recovered and condo owners are finally cashing out.

Data from Altus Group indicates the proportion of workers in a hybrid environment has tripled since January 2022.

Major pension plans in Canada face a dip in real estate returns as empty offices and high interest rates take their toll on commercial holdings.

Developers are staggering under the double blow of higher costs and weaker demand — a trend industry experts say will get worse.

Commercial real estate investment fell in half last year to about $200 billion, the lowest sum since 2012 according to Altus Group.

Altus Group’s Julien Sporgitas shares insights around the recent launch of the Company’s newly launched Pan-European dataset.

It will be a tale of mixed fortunes this year for construction with the costs of some key materials forecast to rise, according to Altus Group’s Q4 2023 Australian Construction Material Price Outlook.

Altus Group’s Dave Mewha comments on Calgary hotel owners standing up to recent property tax hikes.

Altus Group’s Peter Norman discusses the GTA housing market at the Light-Frame Wood Solutions Conference and trade show.

European property values fell by 16% in the 18 months to the end of 2023, according to new data from Altus Group.

Altus Group’s newly launched Pan-European dataset is one of its kind for the European market.

Fears of a systemic credit event are growing among fund managers as alarms sound in property markets around the world. Altus Group’s Omar Eltorai weighs in.

Employees, retail commentators and landlords eagerly wait to hear what the future holds for The Body Shop in the UK.

Altus Group’s Alex Beheshti comments on the City of Toronto and Government of Canada’s maneuvers to crack down on foreign home buyers.

The biggest challenge when addressing the housing crisis won’t be policy, but a shortage of skilled, highly trained labour, according to a new report published by Altus Group.

Altus Group’s David Schoonjans shares his insights around the moderation of Canadian construction costs.

Industrial construction continues to be one of Canada’s most reliable building sectors with record completions in Q4 2023, according to Altus Group.

An in-depth look at where the office, industrial, retail, and multi-family sectors currently stand and what to expect for them in 2024.

The 10 largest (dollar value) commercial real estate transactions of 2023 in the GTA and GGH, according to Altus Group data.

B.C.’s industrial asset class is in a state of adjustment, according to industry experts.

Altus Group’s Niall McSweeney thinks there are still opportunities for Australia’s build-to-sell projects.

Elevated interest rates and economic volatility have not dulled the lustre of industrial, according to Altus Group report.

Altus Group data shows Canada’s national office availability rate remained steady in Q4 2023.

Industrial demand in Canada continues to outpace supply, according to a new report from Altus Group.