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
| Sep 26, 2013
A primer on RoofPoint green-rating system for commercial roofs
The RoofPoint green-rating system can be used to construct more energy-efficient and sustainable commercial roofs.
| Sep 18, 2013
New AISC design guide on structural stainless steel now available
For the first time in the U.S., design professionals now have an authoritative resource on structural stainless steel with AISC Steel Design Guide No. 27, Structural Stainless Steel.
| Sep 18, 2013
DBIA’s ‘Design-Build Done Right’ best practices project seeks industry input
The Design-Build Institute of America (DBIA) is seeking industry input on its project to create a design-build best practices document.
| Sep 11, 2013
USGBC Florida Chapter survey to help contractors adopt sustainable practices
Contractors in Florida could benefit from a data collection project by the state's chapter of the U.S. Green Building Council.
| Aug 28, 2013
IPMSC chooses members of committee for global property measurement standard
The International Property Measurement Standards Coalition (IPMSC) has selected 19 real estate experts from around the world to join its Standards Setting Committee to develop a global standard for measuring property.
| Aug 20, 2013
Chinese-made resilient flooring products achieve FloorScore Indoor Air Quality certification
Five of China's leading manufacturers of resilient flooring recently received FloorScore Indoor Air Quality certification from SCS Global Services for their luxury vinyl tile (LVT) products.
| Aug 19, 2013
HUD, New York City collaborate on research center to boost storm resilience
The U.S. Housing and Urban Development Department and New York City will collaborate on a project to create a new research institute and a city-federal park at Jamaica Bay, Queens.
| Aug 16, 2013
Dept. of Homeland Security offers tool to analyze building risk and resilience
The Integrated Rapid Visual Screening tool is designed to determine initial or relative risk and resilience for buildings based on visual inspection only.
| Aug 8, 2013
AAMA releases specification for non-residential fenestration BIM
The American Architectural Manufacturers Association (AAMA) released AAMA 912-13, Voluntary Specification for Non-Residential Fenestration Building Information Modeling (BIM).
| Aug 8, 2013
New green property index could boost REIT investment in more sustainable properties
A project by the National Association of Real Estate Investment Trusts (NAREIT), the FTSE Group, and the U.S. Green Building Council to jointly develop a Green Property Index could help REITs attract some of the growing pool of socially responsible investment money slated for green investments.