Our Workgroups

OSCRE's Workgroups develop and maintain exchange Standards which alleviate interoperability issues.

On this page is a list of OSCRE’s Workgroups with links to additional information, including how you may contribute to and participate in setting real estate industry interoperability standards.

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Active Workgroups

Investment Performance Reporting

(Workgroup in Progress)

Global

MISSION: To enable the automated provision of inputs required to measure performance of investments in commercial real estate by ensuring global consistency in data definitions.

Currently the process of aggregation and reconciliation of data manual, time consuming and expensive. Additionally many Asset Managers are required to send what is essentially the same data to multiple benchmarking organisations in a variety of different formats, which is and unnecessary overhead.

BENEFITS: 

Reduced costs by removing the efforts involved in manual reconciliation and managing multiple formats.
Increased speed of processes by reducing the time taken to transfer data between property systems.
Improved accuracy and increased quality by reducing errors arising from manual intervention
Significant increase in the quantity of data that can be practically transferred in a short timeframe.

Comments received during the first Member Review have been discussed by the Workgroup and the specification is in the process of being amended. The Workgroup is targeting a second Member Review being available during January 2012.

  • Workgroup Charter
  • Workgroup Information Sheet
  • Join this Workgroup
  •  


    Lease Administration

    (Workgroup in Progress)

    Global Harmonisation

    Cut cost & risk with electronic capture of lease data to bring properties and portfolios online at speed and with accuracy.

    The Member Review for Lease Delivery Version 3.0 has now closed and the Workgroup are reviewing comments to decide if any further changes are to be made. The Member review documents can still be accessed here: OSCRE Lease Delivery V3 Member Review 01 Files

    Although this Standard has been developed and tested for the UK, we would also like to gather information about adaptations that would enable its use in other locations. We are particularly keen to hear from users of the Lease Abstract in North America as a Harmonization review is planned in early 2012.

    Join this Workgroup

    About OSCRE and the Lease Summary Standard

    Email the Workgroup: Lease Workgroup Mailing Address

     


    Occupancy Cost Exchange Update

    (Workgroup in Progress)

    Global

    Consolidation of Portfolio Information for effective benchmarking of Occupancy Cost

    Co-Chairs: Ted Eedson (Public Works and Government Services Canada) and Glenn Corney (IPD Occupiers)

    The Occupancy Cost Workgroup is considering maintenance requests to Occupancy Cost V2.0. Released by OSCRE in 2008, this was primarily an encoding of the IPD Cost Code (ITOCC) v4.0. 

    The workgroup will update and extend the specification by inviting new and updated content from a broader set of regional contexts, new cost categories, and considering a broad range of methods for gathering and reporting Occupancy and/or Ownership cost data.  

    The Workgroup will use new or updated functional and information requirements, including but not limited IPD Cost Code, IFMA Benchmarking, BOMA Experience Exchange, and FMBenchmarking in order to update the Standard with a revised and more broadly applicable set of parameters. 

    Progress Update

    The Process Model and Information Requirements in the Business Specification are complete.
    The Workgroup is close to finishing the Component Matrix and Code List of financial transactions supporting the revenues and expenditures associated with a building.
    The next step will be to finalize the Component Matrix and Code Lists using the existing OSCRE format. The next meeting will be February 23rd 2012.

    Links

    Download the Workgroup Charter

    Register here to Participate

    Enter the Portal Site for this Workgroup (Member Login required)

     


    Portfolio Management Reporting (PMR-1.0)

    (Member Review)

    Netherlands

    The scope of this specification is to provide reporting and updates of portfolio information from Property Managers to their clients, Investors and Asset Managers. It is intended for use in the Netherlands.

    PROGRESS: The second Members Review has now opened and comments are invited. The deadline for comments is Friday 23rd March

    Comments and feedback should be sent to pmr-1.0@lists.oscre.org

     


    Archived Workgroups

    Commercial Information Exchange

    (Standard Available)

    Americas

    published on: 2008-05-02

    The Commercial Information Exchange (CIE) Standard enables the exchange of commercial property information for lease or sale transactions between, for example, a broker and a listing service. 

     


    Commercial Introductions

    (Standard Available)

    EMEA

    published on: 2007-08-03

    The Commercial Introductions (CIE) Standard enables the exchange of commercial property information for sale transactions between, for example, seller and investment agents/advisors In the UK.

     


    Commercial Property Information Exchange (CPIE-1.0)

    (Standard Available)

    Americas

    published on: 2008-05-01

    The Commercial Property Information Exchange Standard supports exchanges of property, lease and tenant information between property owners. It is intended to reduce the impact a sale/purchase of a property has on portfolio management - both from a physical and financial perspective.

    The Standard will essentially eliminate labor-intensive and error-prone manual transcription methods enabling more accuracy and rapid start-up of Portfolio and Property Management operations; esp. revenue flow.

     


    Investment Valuation (IV-1.0)

    (Member Review)

    EMEA

    published on: 2007-12-17

    This standard covers the electronic exchanges of data for the purposes of performing second Valuation onwards i.e. excluding acquisition valuations.

     


    Land Registry V2.0

    (Standard Available)

    EMEA

    To enable conveyancers in England and Wales to submit requests and receive results regarding Search by Property description, Title Known Official Copy, Official Search of Whole with Priority, Land Charge Bankruptcy Search and e-CSF directly from their Case Management systems.

    Link here to the the XML schemas to enable connection to the Land Registry Business Gateway Solution as well as the XML schemas requried to use the Register Extract Service.

     


    Land Registry V2.1

    (Standard Available)

    EMEA

    To enable conveyancers in England and Wales to submit requests and receive results regarding Search by Property description, Title Known Official Copy, Official Search of Whole with Priority, Land Charge Bankruptcy Search and e-CSF directly from their Case Management systems.

    Link here to the the XML schemas to enable connection to the Land Registry Business Gateway Solution as well as the XML schemas requried to use the Register Extract Service.

     


    Lease Delivery (LD-3.0)

    (Standard Available)

     


    Lenders Conveyancing (LC-1.0)

    (Standard Available)

    EMEA

    published on: 2007-10-15

    The scope is to define the data exchange requirements of two processes - the remortgage transaction, and the property purchase that is the subject of a mortgage from a lender to a conveyancer. The standard covers the information exchanges between lender and conveyancer required to facilitate completion of the conveyancing element of the remortgage transaction.

     


    Portfolio Information Exchange (PIE-2.0)

    (Standard Available)

    EMEA

    published on: 2009-01-08

    To transfer primary portfolio management data for the purposes of transferring data from one property management system to another.
    The Standard Version 2.0 contains a number of enhancements made to Version 1.0.

    Access the Standard here

     


    Real Property Appraisal Reporting (APP-1.0)

    (Standard Available)

    Americas

    published on: 2008-11-07

    The Standard supports key appraisal data exchanges between Appraisers and appraisal customers. The Standard, based on the Appraisal Institute (AI) Commercial Data Storage Standards (CDSS) and AI professional business practices, implements thirteen appraisal schemata based on AI property types.

     


    Residential Conveyancing (RC-1.0)

    (Standard Available)

    England & Wales

    published on: 2008-03-31

    The scope of the Residential Conveyancing standard is to define the current information exchanges, whether direct or via third-parties, necessary between Conveyancers acting for any party, other than a mortgagee, with a legal interest in the sale or purchase of residential property in England & Wales. 
    Information exchanges relating to mortgages on the property being sold, or the property being purchased, are outside the scope of this Workgroup as they fall within the scope of the Lenders Conveyancing Workgroup.

     


    Searches (SRCH-2.0)

    (Standard Available)

    EMEA

    published on: 2007-11-16

    The overall scope of the Searches Standard is to address all the data exchanges required to order and fulfil all searches involved in residential property transactions.

    This page contains documents relating to the OSCRE Searches Standard Version 2.0. The participant organisations that developed the Standard can be found in the Searches Workgroup Page.

    For general guidance on understanding the Standard and finding out organisations that have implemented the Standard, please read the Standard Release Document.

     


    Space Classification Code List (SPCL-1.0)

    (Standard Available)

     


    Work Request and Work Order Fulfilment (FM-1.0)

    (Standard Available)

    Americas

    published on: 2008-03-25

    This Standard addresses the information exchanges between the parties involved in the Facilities Management Work Request & Work Order Fulfilment process.


    The process involves individual requests for services and associated fulfilment of requested actions, which are typically managed usingwork orders. The work is assumed to involve pre-negotiated and/or fixed-prices contracts, which do not require a negotiation phase and additional reporting requirements.


    This page contains documents relating to the OSCRE Work Request and Work Order Fulfilment Standard v1.0. 
    For general information on the scope of the Standard, please read the Standard Release Document.