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Al Samman ... great benefit for Mena, India markets.

CMCS, Altus Group deal on real estate solutions

DUBAI, September 21, 2016

Collaboration, Management and Control Solutions (CMCS), a leading project management information systems (PMIS) solutions provider, has signed an agreement with Altus Group, a leading provider of independent advisory services, software and data solutions to the global commercial real estate (CRE) industry.

The agreement will allow for joint business development and sales of Altus Group’s Argus Developer products in the Middle East and North Africa region (Mena) and India.

Over the last three decades, CMCS has empowered organisations from all over the world with its diverse portfolio of innovative solutions that aims to help them make the best informed decisions possible when selecting, delivering, governing and auditing multi-billion-dollar construction programs.

Under the newly signed agreement, CMCS’ expertise, combined with Altus Group’s many years of experience in providing industry leading technology for real estate investment, asset management and development lifecycle management, will result in a unique offering to the Mena and Indian CRE and construction markets.

Bassam Al Samman, CEO, CMCS, said: “The company’s continuing success and growth is predominantly attributed to its clients, partners and team members—all of whom have relentlessly strived to deliver a successful and valuable customer experience. We’re excited by the formalisation of our relationship with Altus Group, which I am confident in seeing great benefit to us and the Indian and Mena markets.”

Argus Developer is a comprehensive single platform to model, forecast, manage, analyse and report on CRE development project cost and cash flows, from project inception and feasibility through to planning, execution and completion.

“To support our continued growth in the global CRE market, the Altus Group is delighted to align with a strong, regional partner in the Middle East. CMCS’ proven track record of streamlining project management for construction industry customers and using data to deliver transparency and governance aligns perfectly with the capabilities of Altus Analytics,” said David Oates, senior vice-president – international, Altus Analytics, the software and data solutions business unit of Altus Group.

Meanwhile, CMCS has announced that it will be running a series of training days in Dubai in December, tailored specifically for the development sector. The sessions will focus on feasibility analysis and development monitoring, and are designed for anyone looking to expand their knowledge and skills in these areas.  - TradeArabia News Service




Tags: real estate | solutions | CMCS |

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