Building Owners Brace for Tall Order: One Way to Measure Space
Coalition Plans to Announce Measurement System in June
One of the biggest complaints of office tenants is that building owners throughout the world use different systems for measuring how many square feet or square meters tenants are leasing, deviating as much as 24% from one another.
Now an international coalition of real-estate organizations formed last year is hoping to change that. The International Property Measurement Standards Coalition in June plans to announce a single measurement system for the global office market...Read the full article here.