July 27, 2017

Strengthens Altus Group’s Data Solutions Expertise

*Not for wire distribution*

TORONTO  (July 27, 2017) – Altus Group, a leading provider of independent advisory services, software and data solutions to the global commercial real estate industry, has welcomed Ray Wong as Vice President, Data Operations, for Altus Group’s Canadian Data Solutions business. Ray will be based out of Toronto and will be responsible for leading and growing Altus Group’s Canadian data team.

Ray brings nearly 30 years of extensive research and operations experience in the commercial real estate sector. Prior to joining Altus Group, Ray was the Managing Director and COO of Americas Research for CBRE where he was responsible for the strategic development and day-to-day operation of the company’s local market research platform across Canada, the U.S. and Latin America, managing a team of over 200 research and data staff. Previously he served as the National Director of Research for Canada at CBRE.

“We are excited to have Ray join our team,” said Colin Johnston, President, Research, Valuation & Advisory at Altus Group. “His in-depth knowledge and extensive research and operations experience makes him uniquely qualified to lead our data operations. Ray is a well-recognized leader in the commercial real estate industry and we are confident his leadership will support our strategy of enhancing our data offerings as we continue to expand our coverage to other major Canadian markets.”

Altus Group’s Data Solutions business is recognized as the leading provider of national real estate data and part of the company’s Altus Analytics division. Our Data Solutions connect the Canadian real estate industry through the delivery of data with unparalleled breadth, integrity and relevance. We cover new homes, investment transactions and commercial market inventory in key markets; and also provide intelligence on the national housing market and consumer home buying and borrowing patterns.


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. Our businesses, Altus Analytics and Altus Expert Services, reflect decades of experience, a range of expertise, and technology-enabled capabilities. Our solutions empower clients to analyze, gain market 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 across a variety of sectors. Altus Group pays a quarterly dividend of $0.15 per share and our shares are traded on the TSX under the symbol AIF.

For more information on Altus Group, please visit: www.altusgroup.com.

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