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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Altus Group Limited | TSX:AIF | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.35 | 0.62% | 56.71 | 56.56 | 56.81 | 57.05 | 56.10 | 56.38 | 53,074 | 21:10:58 |
Each quarter, Altus Group analyses the performance of an aggregate dataset of core Pan-European open-ended diversified funds, representing €29 billion in assets under management. The funds cover 17 countries and primarily span the industrial, office, retail and residential property sectors.
Key highlights from Altus Group’s Q1 2024 aggregated valuation dataset include:
“As we start off 2024, we’re seeing encouraging signs in the European commercial property market, with commercial property value declines moderating significantly across all sectors,” said Phil Tily, Senior Vice President at Altus Group. “In terms of all property, the sequential decline of just 0.5% in Q1 2024 was a marked improvement on the 3.4% drop registered in Q4 2023 and was also the smallest decrease posted since property valuations began declining in Q3 2022.”
For a detailed review of the sector trends by asset class, please visit: https://www.altusgroup.com/insights/pan-european-valuation-analysis-headline-trends/
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 LambeDirector, Global Communications, Altus Group+1-416-641-9787elizabeth.lambe@altusgroup.com
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