Jan 12, 2023 · An International Property Measurement Standard (IPMS) will ensure that property assets are measured in a consistent way, creating a more transparent marketplace, greater public trust, stronger investor confidence, and increased market stability.

IPMS 1 and IPMS 2 are external and internal measurements respectively for the whole or part of a Building. 2. IPMS 3.1 and IPMS 3.2 are external and internal measurements respectively required for exclusive occupation.

Aug 31, 2023 · As defined by the International Property Measurement Standard Coalition (IPMSC), IPMS 1 is, “The Floor Area measured to the External Extent of the External Walls and to any Notional Boundaries External Floor Areas or Sheltered Areas.”

Aug 18, 2023 · IPMS 1 and 2 are intended for the measurement of the whole or part of a building, while the standard also provides technical guidance to ensure consistent area reporting. This guidance is a new element in the IPMS and includes key definitions applicable when interpreting and applying the standard.

This document reflects the IPMS standards (IPMS: Office Buildings and IPMS: Residential) and will be updated over time to comply with other IPMS standards, including industrial, retail and mixed use, as they are published.

This document reflects the first two IPMS standards (IPMS: Office Buildings and IPMS: Residential Buildings) and will be updated over time to comply with other IPMS standards, including industrial and retail, as they are published.

IPMS 1 is used for measuring the total area of a building on a floor-by-floor basis, including external walls. It is similar to the Construction Gross Area (CGA) in the BOMA Gross Areas Standard.