by Rebecca Walker — April 11, 2011—OSCRE (the Open Standards Consortium for Real Estate), announced it has signed a Memorandum of Understanding with CoreNet Global, with the aim of advancing the use of technology in the real estate sector to the benefit of both sets of members and wider real property industry.
Under the agreement, the two organizations will become more closely acquainted with each other’s goals and leverage the knowledge and insights of the respective memberships required to deliver best practice business processes around the use of technology in sharing data.
OSCRE and CoreNet Global will collaborate and coordinate their research and development efforts in order to take mutual advantage of work already accomplished; foster alignment of objectives; ensure standards development work is effectively coordinated and work together to help prevent the proliferation of competing and duplicative efforts.
OSCRE is a not-for-profit market led initiative that facilitates increased business productivity through the development and delivery of standards across the real property sector.
CoreNet Global is the world’s leading professional association for corporate real estate and workplace executives, service providers, and economic developers.
