AIF Altus Group Limited

Altus Group's Cost Consulting Team ("Altus") (TSX:AIF) is pleased to release the
2013 Construction Cost Guide (the "Guide"). Backed by over 40 years of industry
data and expertise, it is the premier Guide for those involved in the
development, infrastructure and construction industries.


The 2013 Guide provides construction costs for a variety of property types on a
national scale, covering the scope of Canadian markets: Vancouver, Calgary,
Edmonton, Toronto, Ottawa, Montreal, Halifax and St. John's. Within these
markets, the Guide provides current analysis, unit rates, measurement and
application of cost per square foot for a variety of building types.


Highlights of the 2013 Guide:



--  Premium Outlets added in response to increased growth and activity in
    the retail sector; 
--  Observations related to Construction Cost Escalation with some degree of
    normalization generally with zero escalation in certain areas; and, 
--  Detailed data and descriptions including a breakdown of costs by 13
    different building types.



"There are a number of dynamic factors at play in the current market,
particularly economic recovery in the U.S., that will invariably impact
construction costs in Canada," said Naren Chande, Senior Executive Vice
President, Cost Consulting and Project Management, Altus Group. "Accordingly,
it's even more imperative to have a detailed construction estimate prepared and
assessed in order to obtain an accurate projection of project construction
costs."


To request a copy of the Guide, please call 416.641.9500 or email
cost@altusgroup.com. To obtain an electronic version, please visit
http://altusgroup.com/research/construction-cost-guide.aspx.


About Altus Group's Cost Consulting and Project Management

A trusted source of cost consulting and project management expertise, capital
cost analysis and market information for over 50 years, Altus' Cost Consulting
team is a leading provider of market intelligence, allowing clients to make
sound investment and development decisions, and manage and control development
costs. Comprehensive, proprietary databases ensure access to accurate,
time-sensitive information on a range of public and private projects that span
the entire property and construction life cycle. A seasoned team of
professionals specializing in service areas that include cost monitoring, cost
planning and control, scheduling and claims, P3, infrastructure,
telecommunications and development management, combine deep local understanding
with global reach, offering the fundamentals on construction costs and trends to
a broad customer base. For further information, please visit
http://altusgroup.com/solutions-and-services/cost-consulting-and-project-management.aspx.


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. Clients include
banks, financial institutions, governments, pension funds, asset and fund
managers, developers and landlords and companies engaged in the oil and gas
industry.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Altus Group Limited
Sayla Nordin
VP, Investor Relations and Corporate Communications
(416) 557-0939
www.altusgrouplimited.com

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