Expanding Altus Group’s presence in the Asia Pacific region

  • Altus Group to acquire Forbury Property Valuation Solutions
  • Deal expected to close on or about Dec. 1
  • Forbury focused on the Asia Pacific region
  • Forbury has 34 employees who will join Altus
  • Forbury’s platform helps customers make decisions about real estate assets

Altus Group, a Toronto-based commercial real-estate intelligence provider, has announced its acquisition of Forbury Property Valuation Solutions Limited. The deal, expected to close on or about Dec. 1, will see Forbury’s 34 employees join Altus. Forbury, a software company focused on the Asia Pacific region, offers a platform that helps customers make informed decisions about real estate assets. This acquisition will further strengthen Altus Group’s presence in the APAC market.

Factuality Level: 8
Factuality Justification: The article provides factual information about Altus Group acquiring Forbury Property Valuation Solutions Limited. It includes details about the deal, such as the expected closing date and the number of employees who will join Altus. The article also mentions Forbury’s platform and its focus on the APAC market. There are no digressions, misleading information, sensationalism, redundancy, or opinion masquerading as fact. However, the article is short and lacks in-depth analysis or additional context.
Noise Level: 8
Noise Justification: The article provides basic information about Altus Group acquiring Forbury Property Valuation Solutions Limited. However, it lacks in-depth analysis, evidence, and actionable insights. It also does not explore the consequences of the acquisition on those who bear the risks or hold powerful people accountable. The article stays on topic and does not dive into unrelated territories, but it lacks scientific rigor and intellectual honesty.
Financial Relevance: Yes
Financial Markets Impacted: Altus Group
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: This news article pertains to a financial topic as it discusses Altus Group’s acquisition of Forbury Property Valuation Solutions Limited. However, there is no mention of any extreme event or its impact.
Public Companies: Altus Group (Unknown)
Private Companies: Forbury Property Valuation Solutions Limited
Key People: Ben Glickman (Unknown)

Reported publicly: www.marketwatch.com