ARGUS University Challenge

The ARGUS University Challenge tests academic students to present the best investment analysis and conclusion for a fictitious real estate opportunity.

Every year, the ARGUS University Challenge brings dozens of aspiring real estate professionals to present a paper with the best investment analysis and conclusion for a fictitious real estate opportunity.

About the 2025 challenge

Challenge author

Judges

Prizes, team and dates

About the challenge

All teams are asked to present a summary investment recommendation to the King and the Investment Committee of the Royal State Fund regarding Kings Courts.

The report should encompass a comprehensive analysis of the property's performance for the next ten years, considering building, pre-letting, financing, development, and market data, along with personal assumptions using ARGUS Enterprise.

About our University Challenge author

Björn is a Professor of Real Estate Studies at the Department of Civil Engineering of RPTU. A special focus of his research team is on Digital Real Estate Management.

The team partners with data scientists to develop algorithms for document classification and data extraction using Machine Learning (ML). The team is further interested in Principles of Real Estate Development that add to the sustainable development of our built environment.

Björn-Martin Kurzrock

Professor of Real Estate Studies

Christopher Bourn

Lecturer

Gary Brown

Managing Director

Mike Goode

Real Estate Consultant

Ray Wong

Vice President, Data Solutions Delivery

Prizes

Students will compete for scholarship awards totaling $25,000.

1st prize winner receives: $15,000
2nd prize winner receives: $6,000
3rd prize winner receives: $3,000
Honorable mention winner receives: $1,000

About your team

Each university may enter a team of 3 – 5 members and each member of the team must be enrolled at their university
Each team must have a chosen faculty member serving as the advisor and to confirm the current enrolment status of each team member
To submit your team registration, email challenge@altusgroup.com with your group team name, name and email addresses of each team member no later than Thursday, February 15, 2024
No external help outside the core team is allowed to assist with the case

Important dates

Registration for the challenge will be available on January 10, 2024, on the University Challenge page.
The download for the challenge will be made available Tuesday, February 20, 2024, on the University Challenge page.
Teams are to submit their cases and ARGUS files by email to challenge@altusgroup.com no later than March 22, 2024
Our panel of judges will review and assess each case study, with winners to be announced on April 15, 2024

Additional information

Announcement of the winners of this competition will be announced and shared via our website, social media channels and newsletters
Participants’ names, pictures, and school logos will also be published on the website
Should you have any questions about the University Challenge, please contact us at challenge@altusgroup.com

2024 ARGUS University Challenge winners

About last year's 2024 challenge

This unique challenge allowed students to participate in a powerful and compelling competition to enhance their knowledge of ARGUS Enterprise to aspiring real estate professionals.

The competition included simulating a real-life investment analysis of a commercial real estate property by modeling the assumptions provided in ARGUS Enterprise and creating a paper describing the outcome of the analysis.

Download the 2024 case