BOMA International recently joined the International Property Measurement Standards Coalition (IPMSC). The coalition includes professional and non-governmental organizations from around the world and is focused on developing a principle-based standard for the way buildings are measured globally. With so many different methods of measuring floor space in use, it makes it difficult for global investors and tenants to accurately compare space, BOMA says. With the implementation of global property measurement standards, properties will be consistently measured; creating a more transparent marketplace, greater public trust, stronger investor confidence and increased market stability.
Related Stories
Concrete | Jul 8, 2019
Concrete repair code requirements released
American Concrete Institute offers guidance on assessment, repair, rehab of existing concrete structures.
K-12 Schools | Jul 8, 2019
Collaborative for High Performance Schools releases 2019 Core Criteria Version 3.0 Update
The update adds credits to lower carbon footprints and to promote climate change resiliency.
Wood | Jul 8, 2019
Campaign launched to promote ‘climate-smart wood’
The Forest Stewardship Council and other groups aim to help buyers understand and make it easier to locate lumber that meets sustainable forestry standards.
Urban Planning | Jul 8, 2019
U.S. cities experience ‘Doppler shift’ in walkable urban development
The walkability trend is spreading to urbanizing suburbs.
Codes and Standards | May 30, 2018
Silicon Valley cities considering taxes aimed at large employers
The aim is to offset the impact on housing costs and homelessness by tech companies.
Resiliency | Jan 24, 2018
A luxury community in Florida mandates resilience in new-home construction
Alys Beach’s in-house GC builds to standards set by the FORTIFIED program.
Reconstruction & Renovation | Dec 21, 2017
Interactive map includes detailed information on historic New York City buildings
The New York City Landmarks Preservation Commission launched a new, enhanced version of its interactive map, Discover NYC Landmarks.
Codes and Standards | Aug 24, 2017
OSHA silica dust exposure enforcement begins Sept. 23
Vacuum dust collection, water-delivery systems, and respirators will be required.
Standards | Mar 29, 2017
Wellness movement is catching on with AEC firms
Hord Caplan Macht the latest to join the club by submitting its offices for certification under Fitwel’s program.
Data Centers | Sep 19, 2016
New ANSI/ASHRAE data center standard is performance-based, more flexible
The aim of the standard was to ‘not stifle innovation.’
