ARGUS Software Launches ARGUS Enterprise 10, Designed for Integrated Global Asset Management
29 April 2014 - 7:00AM
Marketwired
ARGUS Software Launches ARGUS Enterprise 10, Designed for
Integrated Global Asset Management
Further Advances ARGUS Enterprise as the Leading Asset and
Portfolio Management Solution for Commercial Real Estate
TORONTO, ONTARIO and LONDON, UNITED KINGDOM--(Marketwired - Apr
29, 2014) - ARGUS Software Inc. ("ARGUS"), a subsidiary of Altus
Group Limited ("Altus Group") (TSX:AIF) and the leading global
provider of software solutions for the commercial real estate
industry, today unveiled at an event in London ARGUS Enterprise 10®
("AE 10"), the most robust version yet of its asset and portfolio
management platform for the commercial real estate ("CRE") market.
Strengthening its focus on European markets, ARGUS adds traditional
valuation, a standard used throughout Europe and other countries,
to AE 10. This, in addition to existing popular North American
standards, makes AE 10 a comprehensive global CRE asset and
portfolio management solution.
The AE 10 platform sets a new standard by offering the following
benefits:
- Integrated global platform: using popular global standards,
AE10 integrates budgeting, valuation and asset management in a
single platform - within a single financial model - allowing for
greater scalability, data integration, and transparency. Includes
proven integration with other client infrastructure (Yardi, JDE,
MRI, and others)
- Enhanced budgeting functionality: improved user experience and
ease of use for budget tasks at the property and corporate level;
enhanced integration capabilities for sourcing data from various
property management and accounting systems
- Improved investment visibility and performance: ability to
produce stronger forecasts and projected returns by creating
scenarios based on market conditions; support for budgeting and
forecasting, reporting, sensitivity, and fund level forecasting;
faster and more accurate cash flow models and valuations
AE 10 delivers a more powerful and improved user experience,
including the ability to customize and save preconfigured viewing
and sorting capabilities designed to significantly improve user
productivity. These along with other enhancements, strengthen AE10
as the solution of choice for everyone from asset and portfolio
managers, to investors, lenders, and service providers.
"We use ARGUS Enterprise throughout our business," said Warren
Adair, Vice President, Information Technology at Costa Mesa,
California-based Donahue Schriber, a real estate investment trust.
"It gives us more visibility and control across our entire
portfolio and integrates with all of our internal systems allowing
us to make better, more informed business decisions."
"Our customers require an integrated platform that connects all
strategic elements of asset and portfolio management to deliver
improved business performance," said Mike Abramsky, President,
ARGUS Software. "ARGUS Software continues to experience a strong
adoption of AE around the world. More than 200 clients and 3,000
enterprise users have made AE their choice for CRE asset and
portfolio management."
"As an asset management firm, we deal with all aspects of the
real estate market," said André Halm, partner with Cyclus Property,
a Netherlands-based real estate firm. "The improved user experience
and robust capabilities make AE 10 a natural choice for our
business."
AE 10, with the newly integrated traditional valuation
capabilities, is compatible with previous versions of ARGUS
Enterprise and now supports ARGUS Valuation-Capitalisation.
Additional Information:
- Online ARGUS Enterprise
- Follow ARGUS on Twitter @ARGUSSOFTWARE
- Become a fan of ARGUS Software on Facebook
About ARGUS Software Inc.
ARGUS Software is the leading provider of software and solutions
for analyzing and managing the value of real estate investments
worldwide. ARGUS Software has a Global client base, consisting of
over 90,000 users, and has been dedicated to providing solutions to
the commercial real estate industry for over 25 years. The ARGUS
Software portfolio includes industry-standard products, including
ARGUS Enterprise - the most open and integrated platform for
valuation, budgeting and asset management solutions.
About Altus Group Limited
Altus Group is a leading provider of independent commercial real
estate consulting and advisory services, software and data
solutions. We operate five interrelated Business Units, bringing
together years of experience and a broad range of expertise into
one comprehensive platform: Research, Valuation and Advisory; ARGUS
Software; Property Tax Consulting; Cost Consulting and Project
Management and Geomatics. Our suite of services and software
enables clients to analyze, gain insight and recognize value on
their real estate investments.
Altus Group has over 1,900 employees in multiple offices around
the world, including Canada, the United States, the United Kingdom,
Australia and Asia Pacific. Altus Group's clients include financial
institutions, private and public investment funds, insurance
companies, accounting firms, public real estate organizations, real
estate investment trusts, healthcare institutions, industrial
companies, foreign and domestic private investors, real estate
developers, governmental institutions and firms in the oil and gas
sector.
For more information, please visit www.altusgroup.com.
Forward-Looking Information
Certain information in this press release may constitute
"forward-looking information" within the meaning of applicable
securities legislation. Forward-looking information includes, but
is not limited to, expectations with respect to the success of
ARGUS Enterprise in the market. The forward-looking information
reflects Altus' and management's current expectations, beliefs and
assumptions regarding future events and operating performance and
is based on information currently available to management. The
assumptions made in making certain projections include, but are not
limited to, the success of product development and launch
initiatives, the supply and demand for ARGUS' products and services
and the execution of certain business strategies. Inherent in the
forward-looking information are known and unknown risks,
uncertainties and other factors which could cause actual results,
performance or achievements of Altus to differ materially from any
results, performance or achievements expressed or implied by such
forward-looking information, including but not limited to : the
general state of the economy; competition in the industry; ability
to respond to technological change and develop products on a timely
basis; protection of intellectual property or defending against
claims of intellectual property rights of others; and performance
of obligations/maintenance of client satisfaction; as well as those
described in Altus' publicly filed documents, including the Annual
Information Form (which are available on SEDAR at www.sedar.com).
Given these risks, uncertainties and other factors, investors
should not place undue reliance on forward-looking information as a
prediction of actual results.
Altus Group LimitedCamilla BartosiewiczVice President, Investor
Relations(416)
641-9773camilla.bartosiewicz@altusgroup.comwww.altusgroup.comARGUS
SoftwareJeff HaywardVice President, Global Marketing(416) 641-9500
ext. 2012jhayward@argussoftware.comwww.argussoftware.com
Altus (TSX:AIF)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Altus (TSX:AIF)
Historical Stock Chart
Von Jul 2023 bis Jul 2024