Welcome to OSCRE
February, 2015 - London, UK – OSCRE International, a corporate member–based organization focused on the development and implementation of global standards for real estate information exchange, today announced this year's Board of Directors, which includes a new chairperson, eight incumbents and five newly elected members.
February, 2015 - A new study published by JLL and based on a Forrester Research Survey of nearly 400 corporate real estate executives confirms that corporate real estate (CRE) is rapidly becoming one of the most data–driven corporate functions. Twenty–eight percent of corporate real estate leaders see themselves as "data–centric" today, and this number is set to double to 56 percent over the next three years. Additionally, 58 percent reported they are unsure whether they have the relevant internal skills to drive a data and analytics strategy – are you one of them?
If so, OSCRE can help. While "big data" and "The Internet of Things (IoT)" have increasingly become topics of conversation at real estate conferences and in the trade press recently, it has never been more critical for organizations to implement standards to collect, analyze and transfer data.
January, 2015 -The need for an efficient, flexible portfolio information exchange standard has become essential. With the number and complexity of real estate portfolio transactions on the rise in the corporate and investment worlds, the sharing of information during the due diligence assessment and the final portfolio exchange has become extremely difficult for both sellers and buyers. Service providers also struggle to complete the transfer of large accounts in a timely manner as organizations regularly move between suppliers.
Working with leading member companies such as JLL, Real Foundations, Yardi, Trace Solutions, TIAA-CREF, Canada Life, and other organizations, OSCRE has built a new portfolio exchange standard, PIE-X, adopting the best of prior PIE standards and incorporating significant new functionality and value.
OSCRE Standards received accolades from CRE Industry Leaders Dave Clute of Zurich and Jim Young on a recent Realcomm webinar entitled “Corporate Real Estate & Facilities – What Will the Next 12-18 Months Bring? ” It’s a panel discussion with a strategic view on the corporate real estate landscape. You can access the webinar recording using the button below.
Orlando, FL – October 8, 2014 - The Open Standards Consortium for Real Estate (OSCRE) recently held a Visioning Summit in Las Vegas with participants from the corporate and investment real estate sectors, service providers, software developers and consultancies. “Industry conversation has recently become more focused on the challenges of big data, building better business analytics and benchmarking that can improve an organization’s performance...
Washington, DC – September 10, 2014 – Open Standards Consortium for Real Estate (OSCRE) and FM BENCHMARKING announce that FM BENCHMARKING aligns with OSCRE’s Space Management and Occupancy Costs Standards, including the major categories of Facility Management (FM) expenses. This alignment means that members, subscribers and partners of the respective organizations will be able to compare facility management costs with common definitions and cost breakdowns.
Solving Business Imperatives for Information Exchange