From today all RICS professionals undertaking and commissioning property measurements will be required to follow the RICS Property Measurement Professional Statement.

This means that all measurements of office buildings will be done in line with the new International Property Measurement Standard (IPMS).

IPMS is the new global standard that aims to enhance the transparency and consistency in the way property is measured across markets. It was developed by the IPMS Coalition (IPMSC), an independent group of 73 professional bodies from around the world.

In 2014, commercial property transactions were worth an estimated US$1 trillion and globally-agreed standards for measurement is something corporate occupiers, investors and developers, amongst others, are particularly eager to see. The International Monetary Fund, the Dubai government and a number of international property firms and corporate occupiers have already said they will request IPMS for their own premises.

The RICS Property Measurement Professional Statement replaces the Code of Measuring Practice and represents a major advancement in the profession. It will enhance transparency and consistency in the way office property is measured throughout the world.

The IPMS Coalition is currently developing international standards in other asset classes such residential, industrial and retail.

Comments (14)

  1. The view from RICS

    Equipping and positioning RICS professionals as the preeminent experts in the delivery of IPMS is a priority for us. The new Professional Statement, which incorporates IPMS, is freely available on the RICS website, along with further training and guidance on how to apply it.

    We are promoting the value of IPMS to end users including occupiers, investors and developers in all markets around the world. We are also helping them to understand the benefits to their business of consistent, internationally-adopted standards for property measurement.

    We're making available a free online converter tool that will allow RICS professionals to automatically convert IPMS measurements back into local equivalents such as the Code of Measuring Practice.

    Ken Creighton

    Ken Creighton, RICS Director of Professional Standards 21 December at 15:38PM

  1. Good afternoon, I wondered if the free online conerter tool is available now?
    Kind Regards

    Paul Joseph Paul Joseph, 3 January at 12:11PM

  2. Good morning Paul!

    The tool is live and in a beta/testing phase. Please feel free to try at:

    Lead Digital Editor

    Ashley Stewart-Noble Ashley Stewart-Noble, 4 January at 10:23AM

  3. I must be missing something - the link above doesn't seem to have any active content.

    Martin Foster Martin Foster, 4 January at 14:28PM

  4. Hi Martin

    This link directly takes you there:

    Speak soon

    Lead Digital Editor

    Ashley Stewart-Noble Ashley Stewart-Noble, 4 January at 14:40PM

  5. Is there a spread sheet that can be downloaded to show the component areas?

    Fraser Smith Fraser Smith, 6 January at 10:28AM

  6. Ashley

    Can you please direct me to the download of the Professional Statement which is stated to be free for RICS members. I am clearly logged in and the link does not take me to the pdf.

    Paul Yeadon

    Christopher Yeadon Christopher Yeadon, 12 January at 18:43PM

  7. Morning Christopher

    It's at the bottom of the page from this link (as a PDF)


    Ashley Stewart-Noble Ashley Stewart-Noble, 13 January at 09:56AM

  8. If I were undertaking measurement, I would not be using IPMS but would ensure I was complying with the pertinent legislation of the country in which I was operating and the client's brief.

    Martin Rushton Martin Rushton, 14 January at 10:09AM

  9. Hope Chinese government implements the standard as soon as possible.

    Yin Luo Yin Luo, 5 February at 08:54AM

  10. The 6th edition is available for free for MRICS on line ?

    Yin Luo Yin Luo, 5 February at 09:05AM

  11. Hi Yin,

    Yes the RICS Code of Measuring Practice 6th edition is free for our members and it is now included in RICS Property Measurement, 1st edition (towards the end of the document).

    This docuemnt can be found here:

    You will need to be signed in to see the document.


    Digital Content Editor

    Jonathan Falkingham Jonathan Falkingham, 5 February at 09:51AM

  12. Hi there,

    I am on a client side whose new office building is under construction in Bangkok, Thailand. We have locally appointed one of the IPMS coalition partners' local firm as our leasing agency and property management agent.
    I asked them whether the IPMS would have to be adopted. They seemed not knowing about it, and wouldn't be bothered.
    What should I do as a FRICS? Please advise.

    Suthee Sumatanonsak Suthee Sumatanonsak, 25 February at 12:16PM

  13. Hello Suthee,

    While for RICS Professionals IPMS and the RICS Professional Statement are mandatory, each IPMS Coalition Member organisation will make its own decisions about IPMS adoption. RICS is just one of the currently 73 Coalition Members.

    IPMS will not necessarily be mandatory for all members of all Coalition Members. If the person you are speak with is an RICS Member, do not hesitate to remind them of their professional responsibility.


    Ken Creighton

    Jonathan Falkingham Jonathan Falkingham, 29 February at 09:33AM

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