TORONTO, June 12, 2024 (GLOBE NEWSWIRE) -- Altus Group Limited (“Altus” or “the Company”) (TSX: AIF), a leading provider of asset and fund intelligence for commercial real estate (“CRE”), today released the findings from its Q2 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 560 seasoned CRE professionals representing over 97 firms in the U.S. and Canada from March 25 to April 29, 2024.
The Q2 2024 CRE Industry Conditions & Sentiment Survey highlights participants’ perspectives on several topics, including:
“CRE expectations appear to be stabilizing, despite several challenges remaining in the near-term outlook,” said Omar Eltorai, Director of Research, Altus Group. “As CRE values continue to adjust to what survey participants perceive as ‘fairly priced’ and transaction appetite remains high, it seems we may be nearing the bottom of the recent market downturn.”
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