April 3, 2016

Enhances the expert consultancy services that we deliver to the property development and construction market


Altus Group has strengthened its Cost Management division with the acquisition of Bay Partnership Pty Ltd, a Quantity Surveying practice in North Sydney. This is an exciting opportunity for Bay Partnership clients, as well as our valued clients.  Alan Duncan and his team have joined Altus Page Kirkland to further enhance the expert consultancy services that we deliver to the property development and construction market, in complete alignment with our shared values of quality, professionalism and independent advice.

All our clients have access to qualified and accredited quantity surveyors, project managers, tax depreciation specialists and technical advisors here at Altus Page Kirkland.  We will be working closely with the Bay Partnership team throughout the integration process to ensure an ongoing commitment to shared expertise and high quality of service you have come to expect.  We acknowledge the depth of expertise that Alan and his team have in managing cost consultancy for the Education sector in particular, and the additional insights and market intelligence the staff will contribute to our shared knowledge platform.

Altus Page Kirkland recent project commissions include quantity surveying services for the $202m Sydney Opera House Building Renewal program, and the luxury Wanda One development at Circular Quay.

About Altus Group Limited

Altus Group Limited is a leading provider of independent advisory services, software, and data solutions to the global commercial real estate industry. All of our five core practices – Research, Valuation and Advisory, ARGUS Software, Property Tax Consulting, Cost Consulting and Project Management, and Geomatics – embody and reflect decades of experience, a broad range of expertise, and leading edge technology. Our offerings empower clients to analyze, gain insight and recognize value on their real estate investments. Headquartered in Canada, we have approximately 2,300 employees around the world, with operations in North America, Europe and Asia Pacific. Our clients include some of the world’s largest real estate industry participants, spread across a broad variety of sectors.

We are focused on creating sustainable shareholder value that generates long-term returns by targeting organic and accretive growth while providing quarterly dividend payments of $0.15 per share. Our securities are traded on the TSX under the symbols AIF and AIF.DB.A.

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