Altus Group provides an update on the sale of its property tax business to Ryan, LLC to Investing.com
TORONTO, Dec. 30, 2024 (GLOBE NEWSWIRE) — Altus Group Limited (ʺAltus Group) (TSX: AIF ), a leading provider of commercial real estate (CRE) asset and fund data, today announced the end of the regulatory waiting period in relation 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 Altus Group
Altus Group provides intelligence as a service to our global client base through a connected platform of industry-leading technology, advanced analytics and advisory services. Trusted by top CRE leaders, our capabilities help commercial real estate investors, developers, lenders and advisors manage risk and improve returns throughout the asset and fund lifecycle. The Altus Group is a global company headquartered in Toronto with employees across North America, EMEA and the Asia-Pacific region. For more information about Altus Group (TSX: AIF), visit altusgroup.com.
Information about the future
Certain information in this press release may constitute forward-looking information within the meaning of applicable securities laws. All information contained in this press release, other than statements of current and historical facts, is forward-looking information. Forward-looking information includes information related to the closing of the transaction. 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, among other things, on opinions and assumptions (including with respect to closing conditions) that, although Altus Group believes are reasonable as of the date the forward-looking information is provided, are inherently subject to significant risks, uncertainties, unforeseen events and other factors that could cause actual events to differ materially from those expressed or implied in the forward-looking information.
FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
Camilla Bartosiewicz
Chief Communications Officer, Altus Group
(416) 641-9773
Camilla.Bartosiewicz@altusgroup.com
Source: Altus Group Limited
