November 7, 2016

Iberealm’s unique market insight combined with Altus Group’s industry leading ARGUS solutions provide a powerful offering in the resurgent Spanish market

*Release distributed by Iberealm*

MADRID (November 7, 2016) –Iberealm, a Spanish commercial real estate consultancy, today announced a referral sales agreement with Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of independent advisory services, software and data solutions to the global commercial real estate (“CRE”) industry. This referral sales agreement allows for joint business development and sales of Altus Group’s ARGUS suite of solutions in Spain.

With over 15 years of experience in the real estate market, working closely with prominent organisations across Europe with a specific focus on the Spanish region, Iberealm brings a wealth of local expertise to the market. This insight, combined with Altus Group’s decades of experience providing industry leading technology for real estate investment, asset management and development finance, presents a unique offering to the Spanish CRE market at a crucial time for the region.

“We’re excited to form a strong level of coordination with Altus Group. As the economy strengthens in Spain, the requirement for more robust systems and data to support real estate transactions and asset management has never been greater, and we are well-positioned to address this market with ARGUS solutions,” said Pedro Luis, Founding Partner and Managing Director of Iberealm.

“As the appetite for Spanish commercial real estate investment continues to increase, we’re pleased to align with a strong, local consultancy such as Iberealm,” said Sung Lee, Executive Vice President, Global Business Development & Sales at Altus Analytics, the software and data solutions business of Altus Group. “We see real opportunity with this agreement to increase the value of Altus Group’s globally-recognised offerings in Spain.”

ARGUS Enterprise®  is the industry standard global asset and investment management platform that supports multiple valuation standards, provides superior investment visibility, delivers powerful reporting capabilities, and streamlines efficiency for CRE brokers, acquisition and valuation professionals. ARGUS®Developer is a comprehensive single platform to model, forecast, manage, analyse and report on CRE development project cost and cash flows, from project inception and feasibility through to planning, execution and completion.



About Iberealm

Iberealm was founded in early 2016 by Pedro Luis to support the recovery of the Spanish Real Estate market by providing real estate companies with consultancy services in the area of data, asset and portfolio management. With 15 years of multifunctional CRE experience across Europe and the US, Iberealm staff brings to the Spanish market a modern streamlined approach to operational excellence that helps CRE participants be more efficient and successful.

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