Altus Group Announces Management Update

TORONTO, ONTARIO--(Marketwired - May 24, 2016) - Altus Group Limited ("Altus Group" or "the Company") (TSX:AIF) a leading provider of independent advisory services, software, and data solutions to the global commercial real estate industry, announced today that, effective immediately, Mr. Robert Courteau, Chief Executive Officer of Altus Group will assume the leadership role of Altus Analytics Solutions. Mr. Robert Ruggles, President of Altus Analytics Solutions, is no longer with Altus Group. The Company wishes Mr. Ruggles well in his future endeavors.

About Altus Group Limited

Altus Group Limited is a leading provider of independent advisory services, software, and data solutions to the global commercial real estate industry. Our businesses, Altus Analytics and Expert Services, reflect decades of experience, a range of expertise, and technology-enabled capabilities. Our solutions empower clients to analyze, gain market insight and recognize value on their real estate investments. Headquartered in Canada, we have approximately 2,300 employees around the world, with operations in North America, Europe and Asia Pacific. Our clients include some of the world's largest real estate industry participants across a variety of sectors. Altus Group pays a quarterly dividend of $0.15 per share and our securities are traded on the TSX under the symbols AIF and AIF.DB.A.

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