Bay Street News

Altus Group Releases Q1 2024 CRE Industry Conditions & Sentiment Survey Findings

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) — Altus Group Limited (ʺAltus” or “the Company”) (TSX: AIF), a leading provider of asset and fund intelligence for commercial real estate (“CRE”), today released the findings from its Q1 2024 CRE Industry Conditions & Sentiment Survey, a quarterly survey that collects insights on current market conditions and future expectations. The latest survey draws on feedback from nearly 470 seasoned CRE professionals representing over 120 firms in the U.S. and Canada from January 23 to February 9, 2024.

The Q1 2024 CRE Industry Conditions & Sentiment Survey highlights the participants’ perspectives on:

“The survey findings underscore the intricate relationship between the commercial real estate asset class and the macroeconomy and capital markets, which Altus’ portfolio analytics increasingly validate are impactful drivers of asset performance,” said Omar Eltorai, Director of Research at Altus Group. “With recession concerns moderating and notable improvements in capital expectations, the Q1 2024 survey results show signs that the CRE industry at large has a robust transaction appetite and is anticipating a stabilizing environment ahead.”

To download the full reports by country, please use the following links:

About Altus Group

Altus Group is a leading provider of asset and fund intelligence for commercial real estate. We deliver intelligence as a service to our global client base through a connected platform of industry-leading technology, advanced analytics, and advisory services. Trusted by the largest CRE leaders, our capabilities help commercial real estate investors, developers, proprietors, lenders, and advisors manage risks and improve performance returns throughout the asset and fund lifecycle. Altus Group is a global company headquartered in Toronto with approximately 3,000 employees across North America, EMEA and Asia Pacific. For more information about Altus Group (TSX: AIF) please visit altusgroup.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Elizabeth Lambe
Director, Global Communications, Altus Group
1-416-641-9787
Elizabeth.Lambe@altusgroup.com


Bay Street News