- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 09 Nov 2020
International Property Measurement Standards
The International Property Measurement Standards Coalition (IPMSC) is a group of more than 80 professional and not-for-profit organisations working to develop international standards for measuring property. It was formed during a meeting at the World Bank in Washington in May 2013.
On 26 September 2016, the coalition published the International Property Measurement Standards (IPMS): Residential Buildings, the second in a series of global, open-source standards, the first being the International Property Measurement Standards (IPMS): Office Buildings, published in November 2014.
The coalition intends to develop additional standards for industrial buildings and retail buildings. Other classes of property may also benefit from the development of standards, such as schools, hospitals, hotels and student accommodation.
The standards are intended to establish a consistent approach to measuring buildings, particularly important given the growth of cross-border property investment and the expansion of global corporations.
Research by JLL has revealed that measurement of a property’s floor area can vary by as much as 24% depending on the method used. Some methods include lift shafts and communal hallways, others include off-site parking or swimming pools, and so on. The creation of International Property Measurement Standards helps establish a more transparent marketplace, resulting in stronger investor confidence.
 Related articles on Designing Buildings Wiki
- Beneficial occupation.
- BOMA International.
- Case notes for rating valuation (Garton V Hunter).
- Choice of method for rating valuation.
- Contractor’s basis for rating valuation.
- Conversion of material volumes.
- Gross external area.
- Gross internal area.
- Metric system.
- Net internal area.
- Occupant capacity of a building or space.
- Profits method of rating valuation.
- Rating valuation.
- Rental method of rating valuation.
- Statutory formulae for rating valuation.
- Total useful floor area.
Featured articles and news
A look at the Government's strategic approach.
Steps to help reduce the spread of infection inside buildings.
This social media-centred hobby can be both dangerous and illegal.
Millwork wall treatment with a long and illustrious history.
HSE introduces cumulative exposure calculator.
The Edwardians and their houses.
Cut off from civilian life for over 900 years.
Gaining green support from the carbon giants.
Medieval passageways with spiritual, transport and economic purposes.
Organisation receives accreditation from Investors in People.
Click the button to subscribe.
Communicating the right information at the right time.
Materials can take on different properties to control heat and glare.
Challenges in the construction sector and beyond.