Media highlights
Browse through our media coverage
December
Altus Group in Storeys (December 29, 2023) - The Biggest Commercial Real Estate Deals in Metro Vancouver in 2023
Altus Group in the NYREJ (December 26, 2023) – 2023 Year in Review: Omar Eltorai, Altus Group
Altus Group in BBC News (December 23, 2023) – Pub closures: The communities stopping last orders for their local
Altus Group in the Toronto Star (December 21, 2023) – Inventory of newly built homes at best level since 2015, building industry says
Altus Group in Property Week (December 11, 2023) – UK’s property taxes highest in the developed world, Altus study reveals
Altus Group in The Independent (December 11, 2023) – UK tax level rises to highest on record – OECD
Altus Group in Mortgage Professional America (December 8, 2023) - Will America go into recession in 2024?
Altus Group in REMI Network (December 7, 2023) – Interest rates subdue multifamily developers
Altus Group in Australian Property Investor (December 7, 2023) - Construction costs easing but developer margins still stretched
Altus Group in the Globe and Mail (December 6, 2023) – Commercial real estate expected to recover through 2024
November
Altus Group in The Financial Times (November 22, 2023) – UK’s biggest companies excluded from business rates freeze
Altus Group in Property Week (November 22, 2023) – Autumn Statement: Hunt ‘gives with one hand, takes with another’ with planning and business rates changes
Altus Group in The Australian Financial Review (November 19, 2023) – Lingering risks turn subcontractors off residential work: Altus
Altus Group in BusinessDesk NZ (November 10, 2023) – Canadian multinational buys former All Black's software company
Altus Group in The Australian Property Journal (November 9, 2023) – Altus invests in commercial property valuation software
Altus Group in The Toronto Star (November 8, 2023) – ‘This is a huge blow:’ Toronto’s empty office space crisis worsens as WeWork teeters on bankruptcy
October
Altus Group in Connect CRE (October 20, 2023) - Altus Group's Heidi Learner recognized as a Connect CRE 2023 Women in Real Estate Awards winner
Altus Group in Property Week (October 18, 2023) – Altus predicts overall business rates bill will rise £1.95bn next April
Altus Group in Wealth Professional (October 16, 2023) – Property taxes are out of step with CRE investors facing oversized costs
Altus Group in The Calgary Herald (October 12, 2023) – Varcoe: Soaring tax share for Calgary businesses sets table for key city council decisions next month
Altus Group in Bloomberg (October 11, 2023) – Tax Gap worsens Commercial Real Estate Woes in Canada
Altus Group in RENX (October 11, 2023) – CRE-residential tax gap increased from last year: Altus
Altus Group in The Australian Property Journal (October 11, 2023) – Managing construction costs in an inflationary market
Altus Group in BBC News (October 8, 2023) – London has most pub closures over six months in England - study
Altus Group in RENX (October 2, 2023) – Altus' downtown Montreal 'worst-case' office forecast: 33.7% vacancy
September
Altus Group in Toronto Star (September 22, 2023) – Nearly 15,000 affordable rental homes ‘stuck’ in the pipeline, city says
Altus Group in BBC News (September 18, 2023) – Two pubs a day disappearing in England and Wales
Altus Group in The Wall Street Journal (September 13, 2023) – In-Person Work Doesn’t Look the Same Anymore
Altus Group in The Globe and Mail (September 8, 2023) – Battle of Alberta: Why are Edmonton homes so much more affordable than Calgary’s?
Altus Group in The Property Tribune (September 4, 2023) – Australia’s density dilemma: When every dollar counts, is the only way up?
August
Altus Group in REMI Network (August 28, 2023) – Ontario keeps clinging to 2016 market values
Altus Group in TechInvest (August 23, 2023) – Altus details construction material price outlook; costs stabilise, but labour challenges continue
Altus Group in Toronto Star (August 19, 2023) – Property reassessment across Ontario postponed as system’s accuracy, fairness under review
Altus Group in Financial Post (August 18, 2023) – Residential construction investment falls for fourth straight month in June: Statistics Canada
Altus Group in Financial Post (August 17, 2023) – 'Like an Ikea set': Is prefab construction the solution to Canada's housing supply woes?
Altus Group in HITEC (August 16, 2023) - Altus Group’s Jorge Blanco named to the 2024 HITEC 100 list
Altus Group in Financial Post (August 15, 2023) – Posthaste: Real estate investors are shying away from Canada's biggest city
Altus Group in Storeys (August 14, 2023) – Commercial Real Estate Investment Drops 27% Across The GTA
Altus Group in Bloomberg (August 8, 2023) – Demolishing Office Buildings for the Land Underneath Is Latest Property Bet
July
Altus Group in The Globe and Mail (July 31, 2023) - With office vacancies still high in Toronto, tenants privately negotiating best deals in years
Altus Group in Australian Property Investor Magazine (July 20, 2023) - Lower construction costs offer hope to troubled building sector
Altus Group in The Morning Advertiser (July 18, 2023) - Warning over alcohol tax changes increasing closures
Altus Group in Financial Post (July 17, 2023) - Real estate industry closely watching sale of two Vancouver office towers in test of market
Altus Group in Wealth Professional (July 10, 2023) - Canadian CRE investment remains slow says Altus Group
Altus Group in IREI (July 1, 2023) - Property appraisals become more challenging in the absence of an active transaction market
June
Altus Group in The Globe and Mail (June 26, 2023) - Homebuyers and homeowners struggle with ‘obscenely’ high building costs
Altus Group in The Globe and Mail (June 21, 2023) - Single-family home construction in Calgary unable to meet demand
Altus Group in RENX (June 21, 2023) - New Canadian dream? Industrial growth over home ownership
Altus Group in BBC News (June 11, 2023) - Powys: Man spends 60 years pulling pints behind same bar
Altus Group in The Globe and Mail (June 7, 2023) - Real estate experts propose mixed-use solutions for high-end retail spaces vacated by Nordstrom
Altus Group in RENX (June 6, 2023) - Toronto's office space glut could persist for 20 years
Altus Group in TVO (June 1, 2023) - Who should pay for growth?
May
Altus Group in Sky News (May 30, 2023) - Only a third of hospitality firms optimistic about their future - as average energy prices rise by 81%
Altus Group in The Globe and Mail (May 26, 2023) - Calgary sees a real estate comeback
Altus Group in The Toronto Star (May 25, 2023) - Time for the wrecking ball? Report warns Toronto’s glut of empty office towers could last at least two more decades
Altus Group in BE News (May 23, 2023) - Successful real estate investing requires smarter use of advanced tech
Altus Group in XREMI Network (May 15, 2023) - Multifamily asset values hold steady
Altus Group in Post City (May 15, 2023) - Empty office buildings could become your new apartment in Toronto
Altus Group in Storeys (May 15, 2023) - Toronto’s New Multiplex Allowances Signify “A Very Big Milestone,” Here’s Why
Altus Group in Canadian Lawyer Magazine (May 11, 2023) - Canadian Law Awards winners, 2023 edition, revealed
Altus Group in GlobeSt.com (May 1, 2023) - CRE's Women of Influence, Class of 2023
April
Altus Group in Benzinga (April 21, 2023) - Stranded Assets: Climate Change Could Put CRE In A Precarious Position
Altus Group in The Globe and Mail (April 21, 2023) - Immigrants struggling amid Calgary’s tight rental market
Altus Group in The Independent (April 11, 2023) - Over 150 pubs shut down in 2023 as energy bills cripple industry
Altus Group in The Urban Developer (April 6, 2023) - Builders Hit ‘Most Dangerous Phase’ in Downturn
Altus Group in CBC News (April 5, 2023) - Les bureaux continuent de se vider au Canada
Altus Group in PERE News (April 4, 2023) - The great valuation challenge for the office sector
Altus Group in RENX (April 3, 2023) - Canada’s CRE industry lags global peers on data science: Altus
Altus Group in The Globe and Mail (April 3, 2023) - Canada’s downtown office vacancy rate hits 19 per cent as workers embrace remote work
March
Altus Group in Property Week (March 14, 2023) - Spring Budget: industry urges government to lower business rates burden
Altus Group in Storeys (March 6, 2023) - Data Science Remains an Untapped Resource for Commercial Real Estate Investors: Report
Altus Group in Wall Street Journal (March 6, 2023) - The Invisible Role Taxes Play in America’s Housing Shortage
Altus Group in Financial Post (March 4, 2023) - Nordstrom joins the exodus of U.S. retailers from Canada: What you need to know
February
Altus Group in Bloomberg Tax (February 22, 2023) - Here’s Why Canada Has One of the Highest Property Tax Rankings
Altus Group in The Guardian (February 20, 2023) - Loss of nearly 15,000 UK retail jobs a ‘brutal start to 2023’, report says
Altus Group in The Globe and Mail (February 17, 2023) - Renters in Calgary, Edmonton pay more for housing than homeowners, study says
Altus Group in Daily Commercial News (February 7, 2023) - Altus Group returns with 2023 Cost Guide after turbulent 2022
Altus Group in The Times (February 7, 2023) - Retail crisis claims 15,000 jobs this year
Altus Group in CBC News (February 6, 2023) - Turning empty offices into housing is a popular idea. Experts say it's easier said than done
Altus Group in GlobeSt.com (February 3, 2023) - Altus Group recognized as 2023 CRE Tech Influencer by GlobeSt.com
Altus Group in BNN Bloomberg (February 2, 2023) - Empty Office Towers Show Remote-Work Pain Rippling Through Montreal
January
Altus Group in Bloomberg (January 2, 2023) - Grocers Set for Almost £550m Tax Reduction From 2023
December
Altus Group in The Times (December 18, 2022) - More than one pub a day closes in England and Wales, real estate adviser Altus finds
Altus Group in IR Magazine (December 11, 2022) - IR basics: An introduction to investor targeting
November
Altus Group in The Globe and Mail (November 28, 2022) - Toronto and Vancouver’s office vacancies on the rise as companies try to get rid of space
Altus Group in The Guardian (November 28, 2022) - Amazon’s UK tax bill could rise by £29m amid business rates overhaul
Altus Group in The Wall Street Journal (November 22, 2022) - Housing shortage reflects the cheap cost of holding vacant land
Altus Group in The Globe and Mail (November 22, 2022) - Long-term office outlook appears positive, says insider
Altus Group in The London Evening Standard (November 21, 2022) - Premier League clubs face multi-million tax hikes over stadiums next year
Altus Group in Property Week (November 21, 2022) - Large retailers’ rates bill slashed by over a third
Altus Group in Vancouver Sun (November 13, 2022) - Downtown Vancouver hasn't recovered from COVID but it's showing more signs of life
Altus Group in The Globe and Mail (November 11, 2022) - Alberta touts its affordability advantage to attract workers from Toronto and Vancouver
Altus Group in RENX (November 9, 2022) - CRE bears brunt of property tax burden: Canada-wide update
October
Altus Group in BNN Bloomberg (October 21, 2022) - Most mortgage holders have been stress tested for paying higher rates
Altus Group in The Independent (October 19, 2022) - Firms face £2.7bn business rates rise from April due to inflation
Altus Group in The Globe and Mail (October 14, 2022) - Why investors dominate the Calgary condo market
Altus Group in Commercial Observer (October 13, 2022) - The 30 Most Powerful People in Commercial Real Estate Proptech | Jim Hannon & Rich Sarkis
Altus Group in GlobeSt.com (October 11, 2022) - A Fed Rate Hike Reverberates Through the Capital Stack for Months
Altus Group in The Caterer (October 10, 2022) - Pubs ‘vanishing' at increasing rate over last three months
September
Altus Group in The Wall Street Journal (September 25, 2022) - The US is running short of land for housing
Altus Group in Business in Vancouver (September 22, 2022) - Vancouver investment deals strong in Q2 as headwinds increase
Altus Group in Storeys (September 14, 2022) - Just How Much is Riding on the Fall Real Estate Market?
Altus Group in HITEC (September 9, 2022) - Altus Group's Jorge Blanco named to the 2023 HITEC 100 list
Altus Group in The Globe and Mail (September 2, 2022) - More Calgary property investors are turning to short-term rentals even as demand increases for long-term tenancies
August
Altus Group in The Global and Mail (August 28, 2022) - Nearly complete London, Ont., development put into receivership
Altus Group in The Independent (August 15, 2022) - Chancellor urged to act over £750m in business rates disputes
Altus Group in Commercial Observer (August 9, 2022) - Altus Group’s Jim Hannon Has a Big Appetite for Proptech Startups
Altus Group in GlobeSt (August 4, 2022) - Inflation May Be More Supportive of Tight Cap Rates
Altus Group in BNN Bloomberg (August 2, 2022) - Once the cycle of interest rate hikes ends the housing market will improve: Chief economist
July
Altus Group in RENX (July 14, 2022) - Canadian CRE transaction value hit $23.8B in Q1: Altus
Altus Group in Business Insider (July 7, 2022) - Has the Phoenix Valley real estate market hit its pandemic ceiling?
Altus Group in BBC News (July 4, 2022) - Pub numbers fall to lowest on record
Altus Group in The Real Deal (June 10, 2022) - Investors love the Sun Belt multifamily market
Resources
Latest press releases
Oct 18, 2024
Altus Group’s innovation recognized in the 2024 Power Proptech list
Altus Group is proud to announce that its CEO Jim Hannon and Executive Vice President, Rich Sarkis have been named to Commercial Observer’s annual Power Proptech list for the third consecutive year.
Oct 18, 2024
Oct 7, 2024
Altus Group to announce Q3 2024 financial results
Altus Group announced today that it plans to release its Third quarter financial results for the period ended September 30, 2024 after market close on Thursday, November 7, 2024.
Oct 7, 2024
Sep 25, 2024
Altus Group releases Q3 2024 CRE industry conditions & sentiment survey findings
Altus Group today released the findings from its Q3 2024 CRE Industry Conditions & Sentiment Survey, a quarterly survey that collects insights on current market conditions and future expectations.
Sep 25, 2024