TORONTO, May 07, 2019 (GLOBE NEWSWIRE) -- Altus Group Limited (ʺAltus Groupʺ or “the Company”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, is pleased to welcome two new independent directors, Colin Dyer and Anthony Long, to the Board of Directors.

Mr. Dyer is a seasoned commercial real estate (“CRE”) executive with over 40 years of global experience, including significant Board experience.  He currently serves as chairman of the Supervisory Board of Unibail-Rodamco-Westfield, a global CRE firm specializing in owning, developing and managing premier retail assets with a portfolio valued at €65.2 billion as at December 31, 2018.  From 2004 until 2016, Mr. Dyer served as President and Chief Executive Officer (“CEO”) of Jones Lang LaSalle Incorporated (“JLL”), a Fortune 500 global real estate services and investment management firm.  Previous experience included CEO positions at WorldWide Retail Exchange in the US and Courtaulds Textiles Limited in the UK, and consulting experience at McKinsey & Company.  He has also been a member of the board of directors of JLL from 2004 - 2017 and of Northern Foods Limited in the UK from 1997 - 2005.  Mr. Dyer holds an MBA from INSEAD at Fontainebleau, France, and a Bachelor of Science (Mechanical Engineering) from Imperial College in London, England.

Mr. Long is an accomplished global CRE executive with over 30 years’ experience in development, asset management, property management and real estate technology.  He currently serves as a Partner at CLX Ventures, LLC, a real estate private equity firm he co-founded in 2018.  Most recently Mr. Long served as Global President of Client Care at CBRE, a Fortune 500 real estate services and investment firm, where he oversaw the company’s top 500 enterprise clients.  Prior to that role, he served as the Global President of Asset Services at CBRE.  Previous experience includes senior leadership roles at Trammell Crow Company, a leading US CRE developer and investor.  Mr. Long is also a member of the board of directors of GigaMonster, a US-based internet services provider, and continues to serve on the boards of several not-for-profit companies. Mr. Long received his undergraduate degree from the University of Texas in Data Processing and Analysis and holds an MBA from Harvard University.

“The addition of these two seasoned executives to our Board will complement our existing skills and significantly strengthen our CRE expertise with global, Fortune 500 company experience.  They bring a unique set of skills and experience that will build on the strength of our current directors and complement the strategic direction of the Company, providing us with an ideal mix of industry knowledge, diversity, international experience and financial expertise,” said Raymond Mikulich, Chairman of the Board of Directors, Altus Group.

About Altus Group Limited

Altus Group Limited is a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry. Our businesses, Altus Analytics and Altus Expert Services, reflect decades of experience, a range of expertise, and technology-enabled capabilities. Our solutions empower clients to analyze, gain insight and recognize value on their real estate investments. Headquartered in Canada, we have approximately 2,500 employees around the world, with operations in North America, Europe and Asia Pacific. Our clients include some of the world’s largest commercial real estate industry participants. Altus Group pays a quarterly dividend of $0.15 per share and our shares are traded on the TSX under the symbol AIF.

For more information on Altus Group, please visit: www.altusgroup.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Altus Group Limited

Camilla Bartosiewicz
Vice President, Investor Relations
416-641-9773
camilla.bartosiewicz@altusgroup.com

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