Measuring Up
Language: English Series: Estates Gazette ; (1603) 23 January 2016, 76-77(2)Publication details: 2016Subject(s): Summary: Looks at how the property industry will be affected by the new RICS Professional Statement for Offices becoming mandatory from January 2016 as part of the new International Property Measurement Standard (IPMS). Explains why IPMS is needed with property investment being a global business but with many of the leading global markets having their own standards for measuring property making it difficult for asset and fund managers to compare properties on a like for like basis. Further considers the changes for the UK and the fact that RICS has acknowledged that for a period of time there will be an element of 'duel reporting' while the industry gets used to the new system.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L159107 (Browse shelf(Opens below)) | 1 | Available | 159107-1001 |
Looks at how the property industry will be affected by the new RICS Professional Statement for Offices becoming mandatory from January 2016 as part of the new International Property Measurement Standard (IPMS). Explains why IPMS is needed with property investment being a global business but with many of the leading global markets having their own standards for measuring property making it difficult for asset and fund managers to compare properties on a like for like basis. Further considers the changes for the UK and the fact that RICS has acknowledged that for a period of time there will be an element of 'duel reporting' while the industry gets used to the new system.