Altus Group terminates Situs REVS acquisition due to regulatory concerns, paying a $3M termination fee.

Altus Group Limited, a commercial real estate intelligence provider, has terminated the proposed acquisition of Situs Group LLC's REVS business due to regulatory concerns. Altus Group will pay a $3M termination fee. Despite the termination, the company is confident in its organic growth strategy, focusing on enhancing client value through superior asset and fund-level intelligence and innovative analytics offerings.