Altus Group agrees to sell development advisory business to Newmark affiliate
NMRK•ARGUS agreement expanded
Newmark expanded its multi-year ARGUS Intelligence agreement with Altus to add ARGUS Assist, an AI conversational interface.
Employees to report to Peter Trollope
Staff transferring to Newmark will report to Peter Trollope, Global Head of Occupier Solutions.
Altus Group to sell Development Advisory business
Altus Group agreed to sell its Development Advisory business to an affiliate of Newmark, with closing expected on Sept. 1, 2026.
The deal covers Development Advisory operations in North America and Asia Pacific, involving about 335 employees.
