ARGUS Software to team with OSCRE on global real estate data standards

by Rebecca Walker — January 11, 2010—ARGUS Software announced that the firm will work closely with OSCRE (Open Standards Consortium for Real Estate) members and partners to produce new global real estate data exchange standards. As a part of this cooperative initiative, ARGUS Software plans to donate the intellectual property rights to the ReXML standard for use by OSCRE.

This contribution will, through OSCRE’s consensusbased open real estate standards framework, allow harmonization with and broader acceptance and adoption of related consortium standardization activities.

ARGUS Software is an executive member of OSCRE and this project is the first initiative of its kind since OSCRE Americas and PISCES Ltd. merged in November 2009 to become an international, notforprofit consortium committed to working with real estate stakeholders in leading the development and delivery of interoperable standards for the real estate industry globally.

ARGUS Software is the leading provider of software and solutions for managing the value of real estate investments worldwide. ARGUS Software has a world-class user base consisting of over 90,000 customers and users and has been focused solely on the commercial real estate segment for over 20 years. For more information, see the Web site.