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Nurturing Connections
We believe that trust is a two-way street and built on the back of our relationship with you. Our long-term customers have all had a share in shaping our product and our aspiration is for this to continue into the future. We obsess over the things that are important to you. We take our work seriously but not ourselves.
Where we are heading drives us
Roots are important, and ours are firmly in Excel. In doing so we figured out how to deliver modern cloud-based solutions in an interface everyone can use. We're pushing for growth and we want to take you with us. What's next? We can't wait to show you...
Bespoke Origins
Forbury's founder, Steve Surridge, spent 10 years building proprietary commercial property valuation models in Excel for industry giants like Savills, JLL & Colliers.
Working hand-in-hand with these leaders combined their commercial valuation expertise with best-practice financial modelling to calculate all the variables at play.
Evolution
Word spread and demand for these proprietary models grew. This sparked the inspiration for a base model to be aggregated and expanded to fit the wider industry's needs.
With a change in technology capability, a licencing structure was created, enabling the formation of Forbury.
Refined in Market
As our customer base grew; so did the use cases. Forbury quickly became industry standard and the preferred valuation and investment management tool with its comprehensive outputs, reliability and accuracy.
For scalability, security and maintenance, the Forbury cloud calculation engine was developed to take the heavy lifting out of Excel. The powerful cloud-based engine means lightning quick calculations (1.57 seconds to be exact).
New segments such as REIT’s, International and Boutique Owners recognised the benefits of using Forbury for their ongoing investment management and the number of customers using Forbury exploded.
Exponential Growth
Dynamic Development Today
In December 2023 Forbury was acquired by Altus Group, a leading provider of asset and fund intelligence for the global commercial real estate industry. An exciting milestone for Forbury, this sets the stage for accelerated growth. In the words of Steve Surridge, Founder of Forbury, “With a global valuation platform, Altus is ideally suited and well-resourced to help accelerate Forbury’s growth and build on our success. Forbury’s valuation tools will be a strong complement to Altus’ existing APAC-focused offers for CRE investors, developers, lenders, proprietors, and advisors.”
