Market Leading Capabilities for the Valuation & Management of Risk for CRE Assets
Market Share Leadership
•
Helping clients reduce their property tax burdens (one of the highest operating costs in CRE)
•
Highly specialized services that require deep asset specific and jurisdictional knowledge
Altus Group
•
✓
Three distinctly complex markets in one global entity:
Canada
Each province has separate
assessment cycle (vary from 1-5 years)
Property tax is assessed at
provincial and municipal level
✓ Target customers are landlords and single
occupants (typically large CRE portfolio holders)
Focused on major accounts (higher value, lower
volume)
US
✓ Independent state (50) and county (+15K)
assessment cycles
Property tax is assessed at the county or city
levels
Target customers are landlords, owners and
tenants
✓ Focused on industry & specialty in target asset
classes
UK
One national cycle - currently a 6-year
assessment cycle for property values
Centralized assessments by the Valuation Office
Agency (VOA)
✓ Target customers are property occupiers
High-volume model
MARKET SHARE* LEADERS:
~60% market share
(largest national provider)
One of top 5 largest providers, single
digit market share (fragmented market)
~20% market share
(SMB leader)
altusgroup.com *Market share estimates based on total volume of appeals filed.
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