Altus Group Announces Sale of its Development Advisory Business to Newmark
Newmark entered into a definitive agreement to acquire Altus Group’s Development Advisory business, expanding its project and cost management capabilities globally. The acquisition adds approximately 335 employees across North America and Asia Pacific, with the transaction expected to close on September 1, 2026.
Key figures
- Employees acquired
- 335
- Expected close date
- September 1, 2026
AI analysis
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