Altus Group introduced ARGUS Intelligence at its Altus Connect conference last week, a new product built to drive CRE portfolio performance. Argus Intelligence is Altus’ next-generation software for CRE investment management, providing instant performance insights. It delivers new capabilities for asset, portfolio, and benchmark management, and includes industry-leading Argus Enterprise. With Argus Intelligence, CRE investors can now dynamically drill into data to quickly analyze and compare performance metrics to enhance returns and reduce risk, the company said.
“For more than 30 years, ARGUS has led the way in bringing valuation transparency to the CRE industry. ARGUS Intelligence builds and expands upon this foundation with automated data connectivity and advanced analytics to deliver performance insights,” said David Ross, chief technology officer at Altus. “This launch marks a significant evolution for Argus, transforming it from its forecasting and modelling roots into a mission-critical solution for driving CRE performance. CRE investors can now consistently measure their performance against both internal plans and relevant peers and identify key metrics to stress-test their cash flows.”
Argus Intelligence will dynamically access asset-level metrics and underlying assumptions and seamlessly conduct scenario analysis. In addition, Altus’ scalable data model will streamline Argus modeling data to unlike new insights. The system will utilize the Argus Enterprise software for commercial property valuation, budgeting and cash flow forecasting. In addition, portfolio managers will be able to create custom asset groupings and conduct scenario analysis to gain insights into portfolio level performance metrics and quickly identify which assets are driving performance. Coming in 2025 will be a benchmark functionality.
