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Press Releases


 Announcing ARGUS 2006

The newest version of ARGUS is ready to roll! With an enhanced interface for ease-of-use as well as an e-learning series; working in ARGUS 2006 is simple, and the power of its financial analysis and reporting capabilities will blow the competition away.


Executive Dashboard

The industry’s leading asset valuation and investment analysis software is now better equipped to serve the global commercial real estate marketplace. With ARGUS 2006, you can:

Overcome traditional boundaries

  • Analyze property cash flow and financial performance using local currencies, multiple area measures and regional leasing conventions
  • Perform asset valuations and facilitate cross-border investment strategies using discounted cash flow, direct capitalization and other regional valuation techniques
  • Customize the software to suit your local market conventions and best practices
  • Create and manage online workspaces for document sharing, project management and inter-enterprise collaboration via the new ARGUS Zone portal

Simplify complex analytics

  • Accelerate through the learning curve to create, edit or review ARGUS models using the new Wizard interface and online eLearning series
  • Create custom scorecards and dashboards for enhanced property and portfolio level visibility and transparency
  • Confidently model complex expense recoveries using new expense group categories and redesigned reimbursement screens
  • Quickly and accurately standardize tenant names and measure tenant exposure across a portfolio
  • Import and export tenant, property and market data to NCREIF and Appraisal Institute compatible XML formats

Multi-lingual Capabilities

ARGUS is currently available in English (US), English (UK), French, German, Spanish and Japanese. ARGUS models are fully interoperable between different language versions.


Feature

Benefit

Automatic area measure conversions for global portfolios

Individual properties and global portfolios can be modeled using local area measure conventions and automatically converted to a uniform area measure standard, including square feet, meters, tsubo, pyong and ping

Configurable default settings by country

Default settings for various units of measure can be assigned on a country by country basis in order to streamline the data entry process and match the user experience with local market conventions for describing rents, leasing costs, expense recoveries and other market rates

Fractional space absorption

Quickly absorb vacant space, including fractional areas (i.e. 10.5 tsubo)

Semi-annual report frequency and property level annual report totals

In addition to monthly, quarterly and annual reporting options, users can generate common property and portfolio level reports and schedules with semi-annual reporting periods and annual report totals

Enhanced direct capitalization options

Greater flexibility for calculating direct capitalization values

Redesigned executive dashboard interface

Redesigned dashboard interface for improved print and on-screen formatting; 3-column dashboard optimized for 1024 by 768 screen resolutions

Centralized tenant registry and tenant exposure reporting

Standardize primary and secondary tenant names across a portfolio in order to accurately and quickly measure tenant exposure; auto-completion of tenant names for rapid rent roll data entry; unique color coding of primary and secondary tenant names; full import and export support with OpenARGUS, Excel and Property Library import capabilities

New expense groups and flexible expense reimbursements

New expense groups to define recoverable expense pools and simplify the process of creating complex reimbursement categories

Detailed property depreciation and capital gains recaptures

Apply unique depreciation methods and rates to various components of the property purchase price, as well as account for capital gains recaptures on property resale

Enhanced support for NCREIF valuation data, including new mark-to-market calculations

Expanded reXML results including NCREIF valuation database related performance ratios and mark-to-market calculations

Multi-purpose task pane interface

Getting Started task pane resources including recent files, create a new file from scratch, template or wizard or access to the ARGUS Zone portal

ARGUS Zone alerts

Quick and immediate access to the industry’s first global data exchange and integrated ARGUS collaboration and document sharing portal

ARGUS Zone shared workspace integration

Create collaborative online workspaces to centrally house and manage ARGUS models, Word documents, Excel spreadsheets, CAD drawings, photographs or other project related files. Create, modify and monitor project related tasks. Upload, download or checkout documents, including ARGUS models directly from the ARGUS 2006 interface. Invite business partners, clients, investors, lenders or third party service providers to participate in a truly collaborative and secure online workspace.

Enhanced ARGUS Wizards

Easily create new, edit or review existing ARGUS models. Completely bypass the traditional learning curve to model complex commercial real estate assets, including detailed property, revenue, expense, rent roll, market and financial return information

UK valuation techniques

Perform complex valuations using traditional UK methods, including term and reversion and hardcore techniques from a freeholder, headlease or occupational tenant perspective within the context of same DCF model using the same tenant, lease and property data.