The International Property Measurement Standard (IPMS) for Offices is a principle-based and internationally applicable office building measurement standard. This new standard is the result of a global effort spearheaded by a coalition of more than 50 professional organizations from around the globe to create a uniform method for measuring property. The IPMS is set to replace dozens of existing standards currently in use around the world. The new standard defines which areas are included when measuring a property and which are not.
The IPMS will help to reduce risk, increase measurement consistency and support transparency in an increasingly globalizing commercial property industry. This standard will benefit the way property assets are managed and, ultimately, how investors, corporate occupiers, buyers and sellers make financial decisions in order to save time and money.
IPMS for Office Buildings is now available. Download your copy.