International Property Measurement Standards

International Property Measurement Standards (IPMS) are globally accepted guidelines that ensure consistency and accuracy when measuring and describing commercial properties like offices, retail spaces, and warehouses. They provide a common method so that property sizes are comparable across different countries and markets. This helps landlords, tenants, investors, and appraisers make informed decisions, negotiate rents, and evaluate property values based on standard measurements. IPMS aim to promote transparency and trust in property transactions by reducing confusion and discrepancies caused by varied local measurement practices.