International Property Measurement Standards - new global standard for consistent property measurement and valuation
Property measurement serves as a basis for valuation, occupation or building use, investment and financial reporting, affecting decisions as well as public confidence. Unfortunately, while real estate transactions have crossed international boundaries, measurement standards remain local. To have a globally consistent method for measuring property and infrastructural assets, the first in a series of IPMS (for Office Buildings) was launched in 2014, and is now available for download.
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