Altus Group Updates Sale of Its Property Tax Business to Ryan, LLC Via Investing.com

TORONTO, Dec. 30, 2024 (GLOBE NEWSWIRE) — Altus Group Limited (ʺAltus Group) (TSX: AIF), a leading provider of real estate and real estate investment trusts (CRE), today announced the expiration of no time to wait. periods related to the previously announced sale of Altus Group’s global Property Tax business to Ryan, LLC. The parties expect the transaction to close on or about January 1, 2025, subject to the satisfaction of customary closing conditions.

About the Altus Group

The Altus Group provides intelligence as a service to our global clients through an integrated platform of industry-leading technologies, advanced analytics and consulting services. Trusted by the largest CRE leaders, our capabilities help real estate investors, developers, lenders, and advisors manage risk and optimize operational returns across properties and life fund. Altus Group is a global company headquartered in Toronto with employees across North America, EMEA and Asia Pacific. For more information about Altus Group (TSX: AIF) please visit altusgroup.com.

Forward-looking information

Certain information in this press release may provide information that is expected to be disclosed within the meaning of applicable securities laws. All information contained in this press release, other than statements of fact and historical fact, is forward-looking information. Forward-looking information includes information related to the closing of the transaction. The forward-looking information in this press release is qualified by this cautionary statement. Forward-looking information is not, and cannot be, a guarantee of future results or events. Forward-looking information is based on, among other things, assumptions and assumptions (including regarding closing conditions) that, although Altus Group is considered reasonable on the date the forward-looking information is provided on You, ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​front, is under great risks, doubts. , contingencies and other factors that may cause actual events to differ materially from those described or implied by the forward-looking information.

FOR FURTHER INFORMATION PLEASE:

Camilla Bartosiewicz
Chief Communications Officer, Altus Group
(416) 641-9773
Camilla.Bartosiewicz@altusgroup.com

Source: Altus Group Limited