Industry News
OSCRE Board Director Paul Albone has been appointed Managing Director for TM Group (UK) Limited. He will start in his new role on September 1st and replaces John Carolan who has been appointed as Managing Director of the Connells Asset Management division.
Paul has been with TM and involved in the property search industry for many years. During this time he has developed TM’s IT system into a robust and efficient service that is used by many property professionals today. More recently, Paul has focussed on commercial sales helping to establish TM Group as a leading supplier of searches to the industry.
Paul says: “I am delighted to accept this opportunity to manage TM. We have seen many changes in the industry over the last few years and proved our ability to adapt and develop to meet the changing needs of our customers. I am keen to continue this progress as we pursue new avenues for development.”
Also from September 1st 2010, Paul Creffield of Countrywide will take over from Stephen Shipperley as Chairman of TM Group.
Paul Creffield says; I am delighted that Paul has agreed to take on this new challenge and look forward to working with him to drive TM Group forward and take advantage of the opportunities ahead.
About TM Group (UK) Limited
TM is an independent private company which includes TM Property Searches and TM Search Choice. With over 10 years experience in e-conveyancing, TM has introduced competition to the electronic search market by removing costly intermediaries and creating a simpler more efficient service for everyone. Working directly with every Local Authority in England and Wales, TM enables any property professional to undertake official searches through the TM website without incurring substantial handling fees. The online system is robust and reliable (handling over 2,000 searches an hour) and easy to implement. Additional features are designed to help manage risk and maximise efficiencies.
For further information visit www.tmgroup.co.uk or call 0844 249 9200
Or email info@tmgroup.co.uk
Website www.tmgroup.co.uk
Contact: Vanessa Woods
Direct dial 01793 714832
Mobile 07977 256283
Email Vanessa.woods@tmgroup.co.uk
Cornelia Rogall-Grothe, CIO has stated in an interview published by C’T magazine, that the use of open standards will ensure interoperability and independence from IT vendors and will also help avoid forcing citizens to use certain software products. Presently, many office applications are incompatible and not ideal for the exchange of information.
Germany’s Federal Government IT Commissioner was also quoted as stating that in the future, all mandatory standards will be open standards.
In order to comply with the new lease accounting changes, companies will be forced to change their lease administration processes and systems, as cited by Bob Cook in his whitepaper “The New Lease Accounting Standard and You”.
Tririga Insights list OSCRE Lease abstract support as No. 1 of five of the most important features to look for to manage the change. “To prepare for the new lease accounting standard companies must collect critical information for each lease in their portfolio. Support for the OSCRE Lease Abstract standard streamlines the exchange of lease information between third-party abstraction firms and the company’s lease administration system.”
Following one of the most remarkable elections in British history, we now find ourselves in unchartered political waters. So what does the future hold for the modernisation of the property transaction?
As the market emerges from recession, OSCRE is keen to gather views from all industry stakeholders on the ‘state of play’ of the use of technology in the conveyancing process, where the priorities and barriers for modernisation lie and to establish where there are shared issues which would benefit from a collaborative solution.
The output of this consultation paper would be proposals for OSCRE Demonstration Projects; collaborative efforts that applying technology and OSCRE standards to prove concepts in real-world implementation.
Planimetron has joined the Open Standards Consortium for Real Estate, a non-profit organisation which drives the development and adoption of e-business standards.
Each year, Realcomm presents the most innovative real estate companies, individuals, and solution providers with the prestigious Digie Award. This award is designed to recognize the most forward-thinking leaders in commercial real estate who are making the greatest impact through the use of technology and automation. Realcomm is proud to announce the 2010 Digie Award winners...
The mid-year in-person meeting of the OSCRE International Board of Directors was held in advance of the Realcomm Conference in Las Vegas. Much thanks goes to the former OSCRE Americas Board Member, current Executive Member, and CEO & Founder of Realcomm, Jim Young, for making this venue available to OSCRE International in conjunction with his always successful gathering of the most important technology leaders in real estate.
April 30, 2010—OSCRE (Open Standards Consortium for Real Estate), has announced the publication of the Lease Abstract Exchange, Version 2 (LSAB v2.0) which extends OSCRE's vendor-neutral language and framework for abstracting commercial leases by now providing a capability for exporting and importing abstracts of "Green Leases."
To help organizations increase operational efficiency and ensure lean real estate asset management during a time when every penny and every hour counts. TRIRIGA has become the first software vendor to incorporate the OSCRE Lease Abstract Exchange standard into its Integrated Workplace Management Software (IWMS). TRIRIGA is the leading provider of real estate asset lifecycle management software, and by supporting the OSCRE standard, the company is helping customers adopt leaner, more effective real estate processes.
BOSTON, Mass. --(Business Wire)-- ARCHIBUS Inc. (www.archibus.com), the #1 developer worldwide of real estate, infrastructure, and facilities management software, has now bundled its high-end ERP integration tool -
This list represents both individuals and organizations who are committed to furthering the use of innovative technologies in the commercial and corporate real estate industries. OSCRE is very proud to have numerous Member companies and individual participants recognized:
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Dr. Craig Cuyar, Global CIO, Cushman & Wakefield
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Scott Zimmerman, CIO, CenterPoint Properties
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CB Richard Ellis
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GSA/PBS
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RealFoundations
In addition OSCRE itself is listed as one of the companies and teams that are effecting positive change in the industry and are expected to make a dramatic impact on the market in 2010.
Evolving the real property industry to the next level of operating excellence means delivering more relevant information in a consistent format to more people at lower cost.
The Blackberry, laptops and web-based software were the past decade’s top innovations in a straw poll of property technology firms
Through adversity comes innovation - that is the theory. But, in 2009 we found little innovation in the property industry... except, that is, within property companies. The industry as a whole has been concentrating on releasing capital and reducing overheads but, in many parts of the property investment business, standing out is still not a great career move.
... is the first initiative of its kind since OSCRE Americas and PISCES Ltd. merged ...
Click Related Link above to read full article
Bruce Kellogg, chair of OSCRE America, explains how the merger will impact on the development of global standards for real estate commerce.
Don’t know what the OSCRE standard is? TRACE explains...
Leading property investment firms identify data communication initiatives that will cut costs and increase efficiencies.
The Times on Saturday 25th July reported that airports are demanding standardization of hand baggage allowance rules from airlines, saying that the current variations are putting customers at risk of heavy fines.
They are supported by department stores who cite a high rate of returns on bags that failed the size test at check-in, and their difficulties in advising customers adequately.
And in February, in what has been described as an unprecedented display of unity, the mobile phone industry agreed on conversion to a standard energy-efficient micro USB charger.
This agreement is expected to cut standby energy consumption in half, and eliminate up to 51,000 tonnes of duplicate chargers.
August 18, 2009 – OSCRE Americas, Inc. and PISCES Ltd today announced that they have formed a joint task force to consider the merger of the two leading real estate standards organizations into a single consortium named OSCRE International.
August 6th, 2009. PISCES today announced the launch of a new Investor Forum, the first meeting of which takes place on the 12th August 2009. The Forum will draw together senior personnel from leading property investment firms to address how standards can be exploited to bring much needed cost cuts and productivity gains to their real estate businesses.
Bill Hughes, Managing Director Legal & General Property explains in the recent IPF Focus publication why they have joined the PISCES Board.
Standard open for Member Review until 30th September 2009.
TRIRIGA Facilities with OSCRE integration drives operational efficiency and cost savings
PISCES Ltd. today announced the launch of a new Workgroup to address the issues that will arise from the new HIP regulations, in order to create a new data communication standard....
PISCES is to launch a new workgroup to address issues that will arise from the new home information pack (HIP) regulations ...
The recession has revealed A PROPERTY industry rife with ignorance. Bankers were allocated billions on the basis of information about bricks and mortar, property-based loans and bonds.
Meanwhile, landlords and managers that do not know enough about their own buildings and tenants will be equally exposed as they come under pressure from shareholders, banks and regulators...
In our “Thought Leader Interviews” series iwmsnews.com interviews all important Thought Leaders from the IWMS industry. In our seventh interview we have interviewed Andy Fuhrman, CEO for Open Standards Consortium for Real Estate (OSCRE Americas)
We all know that times are tough all over, but times are even tougher today within the real estate sector!
In the worst economic environment since the Great Depression, the name of the game is efficiency and expense reduction.
OSCRE is a consortium of organizations dedicated to improving the quality and efficiency of the real property supply chain.
We recently completed the IFMA 2008 Annual Report. It highlighted one of the most severe economic turnarounds in the history of the United States which was most likely the catalyst for the significant changes in direction we experienced from our nation’s capital in Washington, DC last November.
TRIRIGA's Response to The Importance of Standards in Today’s Uncertain Economic Climate
CoreNet Global's Response to The Importance of Standards in Today’s Uncertain Economic Climate
U.S. Air Force Response to The Importance of Standards in Today’s Uncertain Economic Climate
We believe that OSCRE Standards are crucial to creating value, especially in difficult economic conditions. In his thought provoking article Michael Schrage, co-director of the MIT Media Lab's e-Markets Initiative and a visiting fellow at London's Imperial College, seems to back this view up.
Michael says that 'Interface technologies' (which surely includes standards such as OSCRE Standards) will prove crucial to interoperable innovation and the realisation of economic potential.
In a show of support for OSCRE's mission to improve the effectiveness, consistency and transparency of data used throughout the real property industry, one of the worlds largest and most prestegious full service real estate services company, CB Richard Ellis recommends industry stakeholders also support OSCRE's efforts.
Select link above to read Letter of Recommendation
Membership in OSCRE: Making a Difference
The Open Standards Consortium for Real Estate (OSCRE) doesn’t create standards, its members do! We are supported by over 50 highly influential corporate member organizations (Executives and Associates) from every part of the real property sector which contribute their time and expertise to build a more efficient marketplace using electronic standards.
OSCRE Paves the Way: Transforming a 70M S.F. Portfolio for 241,000 Tenants through Industry Standards
Public Works and Government Services Canada (PWGSC) is the engine that powers the Government of Canada. As custodian for real property valued at $7.6 billion (CAD) and spanning 70 million square-feet in more than 1,800 locations, PWGSC supports the daily operations of more than 100 federal departments and agencies employing 241,000 people.
It’s Time to Adopt the OSCRE Standards!
After four years of planning and thousands of hours of hard work by hundreds of participants and volunteers, an OSCRE dream is being realized which greatly supports its Mission to "Deliver global standards for exchanging electronic real property information and drive their adoption".
Welcome to OSCRE America’s inaugural publication of our quarterly e-newsletter. As a member organization, I see much of what you’ll be reading in this and future editions to be primarily about you - our members, since it’s you who recommend, develop, implement and promote standards for your organization and our industry.
I want to welcome you to OSCRE Americas’ first edition of our Quarterly E-Newsletter.
Within this electronic business report we will enlighten you as to the accomplishments, benefits and enthusiasm we are generating to make your daily work more productive and profitable. As the enlightened will readily acknowledge, OSCRE Americas will save you time and create an efficient environment that will become standard operating procedure in the future.
PISCES is pleased announce the publication of the Lease Delivery Version 2.0
Monika Horner returns from her 6 month maternity leave.
Please register by the end of Friday to secure your place at this Member meeting.
PISCES holds its first Workgroup meeting with the Land Registry and Registers of Scotland.
To help us focus on the things that are important to you, we would like to invite you to participate in our Member Survey.
We are pleased to invite nominations to serve on the PISCES Board of Directors
With PISCES’ OSCRE Standard, setting up a new communication systems with a new supplier takes only days and in some cases a matter of a few hours.
Using the OSCRE Standard from PISCES, Enact has already achieved its goal to be one of the biggest HIP Providers in the UK.
We are pleased to announce that Kadenza, the European Enterprise Intelligence Specialist, have joined PISCES as an associate member.
Registers of Scotland joins the Land Registry working with PISCES to harmonise conveyancing data exchanges.
Please amend your records.
Washington, D.C. – August 14, 2008 – The leading standards development organization for the real estate industry, the Open Standards Consortium for Real Estate (OSCRE), announced today that CenterPoint Properties has joined the non-profit group as an Associate member. OSCRE is an organization composed of industry leaders, like CIO Scott Zimmerman of CenterPoint Properties, who are dedicated to adding value through the development and adoption of interoperable business standards for the real property supply chain.
Washington, D.C. – August 7, 2008 – The leading standards development organization for the real estate industry, the Open Standards Consortium for Real Estate (OSCRE), announced today the publication of the Commercial Property Information Exchange (CPIE) Standard Version 1.0.
Washington, D.C. – August 5, 2008 – The leading standards development organization for the real estate industry, the Open Standards Consortium for Real Estate (OSCRE), announced today the publication of the Work Request & Work Order Fulfillment Standard Version 1.0 (WRWOF) designed to automate service requests, work order management and report generation between stakeholders with shared business processes, including occupants, service providers, suppliers and owners. The standard is applicable for Corporate, Commercial, Industrial and Multi-Family sectors of real estate.
A leading standards development organization for the real estate industry is getting closer to its goal of interoperability-enabling software and hardware from multiple vendors to communicate seamlessly across diverse systems, platforms, applications and networks using open, public standards for data exchange.
Washington, D.C. – July 31, 2008 – The leading standards development organization for the real estate industry, the Open Standards Consortium for Real Estate (OSCRE), announced today it has upgraded and published the second version of their Commercial Information Exchange (CIE) Standard, enabling users of the standard to significantly reduce the cost, time and errors associated with the current method of exchanging commercial property listing information between Sellers, Brokers, Listing Exchanges and Buyers.
Red letter day as Royal Mail gives PISCES its stamp of approval.
Leading e-standards body takes action to address growing demand for information and collaboration in the property market
PISCES, the e-Standards body, today announced that RealFoundations Europe has joined them...
While there is merit in THE warning about security of sensitive data in your article To Catch a Data Thief, too much emphasis is being placed on the risk of data loss because of theft.
In today’s volatile economy, commercial real estate investors and investment managers must be able to accurately assess trends, analyze their portfolios, and evaluate options
PISCES is 10 Years old today! and we would like to thank everyone for their support and dedication over the past 10 years, especially our loyal and dedicated members.
We are pleased to invite nominations from any Members wishing to serve on the PISCES Board of Directors.
Land registry joined e-business standards body PISCES in January. Director General Roger de Boehmler tells Gavin Curry why he has welcomed the move as 'really good news for the property industry, sellers and buyers'.
Open the link to read more
PISCES is pelased to announce the publication of the HIP Standard Version 1.0
10 years old XML was 10 years old last month. The last 10 years have certainly seen a lot of change, both inside and outside the Web. How quickly the XML whippersnapper and its siblings have become pillars of the open standards community. Its uses are many, and as the language of structured business communication, it currently has no equal.
As it happens, PISCES is also 10 years old this year. It is surely no coincidence that vertical industry open standards, such as those of PISCES in the property sector, have taken off with the arrival of the Web and XML.
We are pleased to announce the availability of our new Compliance Validation Tool (Beta).
PISCES is pleased to announce the first Member Review period for the Lease Summary Standard
PISCES is pleased to announce the publication of PIE Standard - Version 1
CML Conference, Tuesday 4 December 2007
Hosted by PISCES e-Standards Nigel Payne, Managing Director of TMB, HBOS Group and Roger de Boehmler, Director General of PISCES.
For Discussion:
Progress with e-Conveyancing has been disappointing. How can we drive the industry towards e-Conveyancing sooner to meet Customer expectations? Has the HIP experience taken the leadership on this vital expectation away from Government? AVMs are being increasingly used alongside traditional valuations - should AVM's be plugged into the electronic conveying process using standards to ensure their enhanced and risk-free integration?
Announcing that Land Registry had joined PISCES, Roger de Boehmler, Director General of PISCES, said:
“We are pleased to welcome Land Registry as an executive member of our open standards body. It is now possible to provide a joined-up set of electronic standards that will meet the needs of both the property industry and Government. PISCES has members that include lawyers, mortgage providers, case management developers and search companies – as well as RICS. Also, Communities and Local Government, Ordnance Survey and the Valuation Office Agency are members.”
The Standard enables the exchange of electronic Lease information when a new Lease is granted, or when Leases are acquired through the purchase of a Commercial property. It is targeted at organisations receiving or reporting on Lease information, particularly Legal Advisors and their clients or clients’ agents, such as property owners, fund managers or investors.
The concept of e-leasing has been around for a while. After first being discussed at REALCOMM Dallas in 2000, the topic has cropped up three times in Advisories in 2003, 2006 and earlier this year. All these share a theme - that e-leasing has many advantages but is much easier to apply in some lease types than others. Multi-family is often quoted as leading the pack, with the most reproducible and consistent processes. Corporate users and real estate investors seem to be the most challenging beneficiaries due to the high value/lower volume nature of their real estate business leading to greater personalization of individual lease agreements.
Rupert Kendrick looks at the development of PISCES in the context of e-conveyancing
This seminar introduced the latest set of e-Standards developed by Pisces for use within the property profession.
This seminar introduced the latest set of e-Standards developed by Pisces for use within the property profession.
This seminar introduced the latest set of e-Standards developed by Pisces for use within the property profession.
Member organizations of OSCRE Americas represent more than 2.1 trillion dollars (USD) in real estate assets, 12.3 billion-square-feet of floor space, and 1,370,500 association members. Its 11-member Board of Directors represents the following major forces in the commercial real estate industry: Appraisal Institute, BOMA, CB Richard Ellis, Cisco Systems, CoreNet Global, Cushman & Wakefield, Data Consortium/NCREIF, Jones Lang LaSalle, National Association of Realtors, Realcomm and REALM Business Solutions.
E-conveyancing firms are set to discuss proposals for speeding up and simplifying the house-buying process at an annual meeting this month, following concerns the Government is stalling on its plans.
PISCES, the e-standards body for real estate, today announced that they had signed a Collaboration Agreement with CML.
The Crown Estate is one of the largest and most influential land and property owners in the world.
Jeremy White, Change & Information Systems Programme Manager, at The Crown Estate, said
‘Evolution and use of standards will drive down the complexity and cost of doing business. Standards reduce errors and accelerate the pace by which new business partners can be engaged and exchange data. Property is a regulated business with a common language and processes throughout, which means that property systems need to retain and exchange common data, both within an organisation and between organisations. The PISCES standards significantly support that need. The Crown Estate anticipates all its business partners will actively support the Standard.’
PISCES, the e-commerce Standards body, today announced that EGi has joined them. Henry Phillips, EGi's Online Publisher, said ‘EGi will be supporting PISCES – indeed we will promulgate the PISCES Standard across the market – so everyone will benefit from more and better data. The application of the PISCES Standard will allow our clients to communicate with us more efficiently and us to communicate across the market. It will be particularly useful to information we publish about individual properties, leases, investment transactions, lettings and comparables. The PISCES Standard, with its XML schemas, offers advantages in collecting and disseminating data.’
We are pleased to announce that the following three companies have recently joined PISCES as Associate Members: Calnea Analytics Limited, Conveyancing Liability Solutios Ltd and CASHFAC Initiative Limited.
The Council of Licensed Conveyancers asked Stephen Honey, an ITC expert, to comment on the latest e-thinking
In the wake of an agreement by Australian authorities to develop a common data standard for e-conveyancing, PISCES has called on the Land Registry to open up to a similar level of cooperation with the UK lending industry.
OSCRE played a significant role at Realcomm 2007.
Andy Fuhrman and Roger de Boehmler (see photo) both supported this major event showcasing software for the North American and global real estate market. OSCRE Americas provided an exhibition stand and a series of meetings and events – where both Microsoft and Google were on the same stage presenting their powerful “virtual earth” products to an exclusive audience of our Members.
Communities Secretary Ruth Kelly announced to in the houses of parliament that the introduction of the Home Information Pack has been delayed until the 1st August 2007 for four bedroom homes.
Information specialists have demanded that information held in the public sector be released free of charge to the property industry. Speaking at the annual PISCES Conference, Michael Cross, head of the Free Our Data Campaign, noted that at least three state bodies own addresses and wish to exploit them.
Solicitors have disagreed with a prediction that property conveyancing will eventually be almost free. Speaking at the annual PISCES Conference in Watford, Professor Richard Susskind, chair of the Government's advisory panel on public sector information, said property services were evolving towards commoditisation.
‘I want it and I want it now’. That’s what people in the IT profession hear all the time. Expectations are high and just get higher. Our clients, and our staff, expect a fast response. Indeed we expect our own systems to respond quickly and to transfer information seamlessly.
E-commerce standards organisation PISCES is to launch a new website aimed at facilitating a forum for discussion between those involved in e-conveyancing, with the intention of speeding up the homebuying process.
Today, Intelligent Addressing has joined forces with PISCES.
PISCES, the e-commerce Standards organisation, today announced that the newest NLIS channel, Jordans, has joined them.
PISCES, the e-commerce Standards organisation, has today signed a Memorandum of Understanding with the Council for the National Land & Property Information Service (C-NLIS), the UK’s leading provider of electronic land and property information for conveyancing.
In 2006 the Board approved the need for a Committee to review all aspects of the Workgroup Process following the last 2 years experience with the Version 2.0 Framework.
PISCES, the e-commerce Standards organisation, today published its updated Home Information Pack Standard, in good time for the introduction of HIPs.
PISCES, the e-commerce Standards organisation, tomorrow starts work on improving the many different ways our office and home addresses are used and maintained.
PISCES is pleased to announce that the second edition of our open Standard for data exchanged as part of the order and delivery of a HIP is now published for public review and adoption. Interested organisations that wish to pilot should contact Monika Horner, Programme Manager.
The Standard released by this Workgroup is expected to be published for review in March 2007. Interested organisations that wish to pilot should contact Monika Horner, Programme Manager.
OSCRE Americas today announced the publication of their Commercial Information Exchange (CIE) Standard enabling users of the standard to significantly reduce the cost, time and errors associated with the current method of exchanging commercial property listing information between Sellers, Brokers, Listing Exchanges and Buyers.
David Lawson, fears the industry is not ready for HIPs and electronic conveyancing
Nigel Payne of HBOS Group company TMB, became PISCES New Chair on 1st January 2007.
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