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RICS reveals update to global measurement standard

The Royal Institution of Chartered Surveyors has updated its property measurement professional statement to reflect new practices in the residential sector

RICS has updated its property measurement professional statement to reflect new practices in the residential sector [representational image].
RICS has updated its property measurement professional statement to reflect new practices in the residential sector [representational image].

The Royal Institution of Chartered Surveyors (RICS) has updated its property measurement professional statement to reflect new practices in the residential sector.

The updated statement, RICS Property Measurement 2nd Edition, reportedly incorporates existing international property measurement standards, the International Property Measurement Standards (IPMS): Office Buildings, and IPMS: Residential Buildings.

RICS professionals will use the statement to deliver office and residential building measurements in line with globally evolving trends in the sector, the group noted in a statement, adding that use of the updated statement will become mandatory beginning 1 May, 2018.

READ: RICS to publish insight paper on BIM Level 3

Alexander Aronsohn, director of technical standards at RICS, commented: “RICS professionals are already at the forefront of delivering globally-agreed professional standards for property measurement.

“By expanding the RICS property measurement professional statement to include IPMS: Residential Buildings, RICS professionals continue to adhere to current professional standards, in delivering office and residential building measurements to clients, developers and investors in every market in the world.”

According to RICS, more than 85 international professional bodies, through the International Property Measurement Standards Coalition, worked to develop IPMS.

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