Amadeusz Juskowiak

Reuters rtrsy in real estate market venture

Reuters Holdings PLC said its Reuters Information Services Inc unit will join Real Estate Financing Partnership Philadelphia to offer an electronic market access system for commercial property financing

Reuters said the system named Real Estate Select View Program or RSVP will use its private communications network to provide a confidential method for the purchasing selling and financing of commercial property

The system set for testing in August in selected US cities is expected to be operational 90 days after initial testing Reuters said