Unravelling the tape measure for Built Environment students

Research output: Contribution to conferencePaper

Abstract

The International Property Measurement Standards (IPMS) became mandatory on 1 January 2016. The standards concern the measurement of office accommodation and will be followed over the coming years with changes to how Real Estate professionals undertake measurement of all commercial property.

The new standards bring significant changes in the way office accommodation is measured, especially compared to the former Code of Measuring Practice (COMP) and will result in area differences, which will impact on professionals and clients alike.

Although met with some resistance by professionals the RICS understand that there will be a period of transition for both surveyors and their clients alike. They are fully aware of the impact of the changes in terms of area differences and subsequently values. It has therefore become important that students are fully aware of both standards of measurement in order that they fully understand the implications and are ready for employment.
Original languageEnglish
Publication statusPublished - Sep 2016
EventInnovations in Built Environment Education - Liverpool John Moores University, Liverpool, United Kingdom
Duration: 8 Sep 20169 Sep 2016

Conference

ConferenceInnovations in Built Environment Education
Abbreviated titleIBEE 2016
CountryUnited Kingdom
CityLiverpool
Period8/09/169/09/16

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