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Canada  + Finance  |  August 15, 2025
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By: Monte Stewart

Altus Strategic Review Could Lead to Sale

Altus Group is conducting a strategic review that could result in a sale or merger of the business, the company announced.

The announcement came after The Globe and Mail, along with Reuters, reported that the Toronto-based commercial real estate analytics firm is exploring a sale. Both the Globe and Reuters based their reports on comments from unidentified sources

The review, which the firm undertakes periodically to maximize stakeholder value, also includes potential acquisitions and divestitures, said Altus.

Altus noted that there is no assurance the process will lead to any specific action and said it will only provide updates as required under regulatory obligations.

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
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