ARGUS Software Hosts Fourth Annual University Challenge
January 30 2013 - 8:06AM
Marketwired
Altus Group Limited ("Altus") (TSX:AIF) and ARGUS Software
("ARGUS") are pleased to announce the fourth annual ARGUS Software
University Challenge. This unique challenge provides students with
the opportunity to gain valuable experience by solving real-world
investment analysis scenarios. As the next generation of real
estate professionals prepare to enter the marketplace, ARGUS
Software is making ARGUS Enterprise the system of choice for
universities. This year the challenge will incorporate ARGUS
Enterprise, the next step in the evolution of CRE analysis and
asset management. Introduction of this software reflects our
commitment to universities to help prepare their students for a
successful career in today's commercial real estate industry.
"ARGUS is pleased to be an integral part of the real estate
industry education process with our powerful software platform
being taught in over 130 universities worldwide," said Lynn Clarke,
Director of Education and Training, ARGUS. "Through the University
Challenge, we aim to support future industry professionals;
enhancing their practical knowledge and teamwork skills as we
continue to develop and invest in our commitment to education."
Each university can enter one team of three to five currently
registered students to participate in the challenge. Teams will
simulate a real-life investment analysis of a real estate property
using ARGUS DCF to model different scenarios based on the
assumptions provided.
Teams will compete for a series of cash prizes. A panel of
judges, including leaders from the academic community, industry
professionals and ARGUS team members, will review the models
submitted by the student teams and select the winners. Winners will
be announced April 2013.
About ARGUS Software
ARGUS Software is the leading provider of software and solutions
for analyzing and managing the value of real estate investments
worldwide. ARGUS Software has a world-class user base, consisting
of over 90,000 users, and has been focused solely on the commercial
real estate segment for over 20 years. The ARGUS Software portfolio
includes industry-standard products, including ARGUS Enterprise 9,
the most robust asset management solution in a single, integrated
platform.
About Altus Group Limited
Altus leads the global real estate industry in offering
professional real estate advisory services, data solutions and
intelligence about an organization's assets, generating a wealth of
knowledge and insight. With a staff of over 1,700, Altus has a
network of over 50 offices in a number of countries worldwide,
including Canada, the United Kingdom, the United States, Australia
and China. We operate five interrelated Business Units, bringing
years of experience and a broad range of expertise together into
one comprehensive platform: Research, Valuation and Advisory; Cost
Consulting and Project Management; Realty Tax Consulting;
Geomatics, and ARGUS Software. Altus' clients include banks,
financial institutions, governments, pension funds, asset and fund
managers, developers and landlords and companies engaged in the oil
and gas industry.
Contacts: Altus Group Limited Sayla Nordin VP, Investor
Relations and Corporate Communications (416) 557-0939
www.altusgroup.com
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