CalPERS Agreement Expands U.S. Reach For Altus Group Limited

Altus Group Limited ("Altus") (TSX:AIF) today announced that its North American
Valuation division has signed a five-year contract with the California Public
Employees' Retirement System ("CalPERS") to oversee the Annual Appraisal
schedule of Real Assets, and provide Independent Appraisal Reviews and other
Advisory and Consulting Services for the pension fund's real estate investment
portfolio. The engagement further extends Altus' reach into the pension fund
arena, and underscores its leading industry advantage in the provision of
independent, professional services, combined with proprietary data, analytics
and technology.


Altus' platform offers clients a range of unparalleled analytics - ranging from
overriding market intelligence to custom-tailored data for day-to-day operations
and business decisions - a distinct advantage for large real estate portfolios.
Altus' tools will enable CalPERS to aggregate a large database of information
from a number of different sources and geographies, benchmark their individual
property valuations, and gauge performance against similar assets in a specific
region, all of which results in greater transparency, compliance and risk
mitigation.


"CalPERS' careful selection of Altus, after a rigorous search process, is a
testament to the fact that clients have come to rely on our independent
perspective as the industry standard for an offering able to harness market data
and intelligence into real business value," said Robert Ruggles, President,
Research, Valuation and Advisory, USA, Altus Group. "Our depth and breadth of
service offerings, experience and expertise in multiple sectors and geographic
regions, and our wealth of proprietary technology allows for greater
efficiencies in terms of processes and costs - and differentiates Altus Group in
the marketplace." 


Altus' analytics platform and service offerings, including software DataBridge
and DataExchange, continue to attract a number of significant clients in the
investment management, pension and insurance sectors.


About Altus Group's Research, Valuation & Advisory Practice

A trusted source of independent appraisal management expertise, analysis and
market information, Altus Group's Research, Valuation & Advisory ("RVA") team is
the leading provider of market intelligence and data, allowing clients to better
assess return on investment and manage the risks associated with their assets.
Supported by one of the most complete market knowledge infrastructures across
North America, our professionals have a wide range of specialized skills,
knowledge and experience in both local and national markets. They also have a
thorough understanding of how individual market dynamics relate to national and
international trends, and they consistently deliver solid, independent advice.
RVA offers the following services: valuation and appraisal, legal support,
decision-making support, financial due diligence, targeted research, market
information and perspective, tenant satisfaction studies, industry benchmark
reporting, and presentation materials. For further information, visit
http://www.altusgroup.com/solutions-and-services/research--valuation-and-advisory.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. Altus' clients
include banks, financial institutions, governments, pension funds, asset and
fund managers, developers and landlords and companies engaged in the oil and gas
industry. 


About California Public Employees Public Employees' Retirement System

With assets of approximately $237 billion, CalPERS is the largest public pension
fund in the U.S. It administers retirement benefits for more than 1.6 million
California State, local government, and public school employees, retirees, and
their families on behalf of more than 3,000 public employers, and health
benefits for more than 1.3 million enrollees.
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