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Commercial real estate technology and analytics provider
altusgroup.comLast updated
In short: Altus Group raised its 2026 outlook, agreed to sell Development Advisory, and acquired Valos.
The company achieved steady revenue growth with double-digit software ARR expansion, announced a raised annual outlook, and approved a $0.15 per share cash dividend for the third quarter.
The definitive agreement with a Newmark affiliate is expected to close September 1, 2026, covering North American and Asia Pacific operations and about 335 employees.
Pawan Chhabra will step down and support transition; company reaffirms 2026 financial outlook.
Revenues increase 6.2% to $108.2M, Adjusted EBITDA rises 46.8% to $23.7M with margin expansion. Board approves $0.15 quarterly dividend. Updates 2026 guidance.
Explore why Altus Group Limited's stock is sliding today, down 3.55%. Understand the implications of its recent acquisition and what this means for investors.
The deal adds approximately 335 professionals to Newmark's Project Management business within its Occupier Solutions platform.
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Altus Group Limited (TSE:AIF – Get Free Report) shot up 14.2% during mid-day trading on Friday after ATB Cormark Capital Markets raised their price target...
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