Measurement Flashcards
How many measurement methodologies are there?
GEA, GIA, NIA
What does RICS Property Measurement 2018 talks about?
“The RICS property measurement consists of:
1. Professional Standard: Guidelines for measuring office and residential buildings using IPMS.
2. RICS IPMS Data Standard: Aligns with IPMS for offices and residential buildings but will eventually cover other building types like industrial and retail.
For building types other than offices and residential, the existing Code of Measuring Practice (COMP) can still be used, though early adoption of the new IPMS standards is encouraged once available.
The RICS Property Measurement 2018 document provides a set of globally consistent property measurement standards, aligned with the International Property Measurement Standards (IPMS). It aims to standardize the way properties are measured, ensuring consistency, transparency, and comparability in the property industry.
Key Points of the 2018 Edition:
Adoption of IPMS Standards:
It incorporates the International Property Measurement Standards (IPMS), particularly for office, residential, and industrial buildings, ensuring international consistency.
These standards provide detailed methodologies for measuring gross and net areas of buildings, which are crucial for leasing, valuation, and management.
Two Types of Measurement:
IPMS 1: For international comparisons, this includes the external walls and is typically used for benchmarking the size of buildings across countries.
IPMS 2 and 3: These focus more on space for occupiers and investors, excluding external walls and focusing on areas directly usable or rentable.
Mandatory and Optional Standards:
The document outlines certain mandatory requirements for all RICS members and optional guidance on best practices in measurement, such as including fit-outs or technical areas.
Purpose:
The goal is to promote accuracy and uniformity in property measurement, whether for valuation, rent calculation, or comparisons across different regions and markets.
Updates from 2015:
The 2018 edition updates the original 2015 version, incorporating more building types and reflecting new global measurement standards.
In essence, RICS Property Measurement 2018 seeks to provide a consistent framework for measuring properties globally, benefiting investors, occupiers, and property professionals by reducing discrepancies in measurement practices across regions.”
What does the Code of Measuring Practice (6th edition) 2015 talks about, whats the difference
GEA GIA NIA
“The Code of Measuring Practice (6th Edition), published by the Royal Institution of Chartered Surveyors (RICS), provides guidance on the consistent and accurate measurement of buildings and land. It primarily aims to standardize how areas are measured for valuation, leasing, and property transactions in the UK. The code is widely used by property professionals to define areas like Gross Internal Area (GIA), Net Internal Area (NIA), and Gross External Area (GEA), ensuring consistency in measurements for all property types.
Key Highlights of the Code of Measuring Practice (6th Edition):
Measurement Definitions: Provides detailed definitions and guidance on different types of property measurements like GIA, NIA, and GEA.
Standardization: Aims to standardize measurement practices across the UK property industry, ensuring all professionals measure properties in the same way.
Property Types: It covers guidance on how to measure different property types, including commercial, industrial, and residential properties.
Use in Valuation and Leasing: The measurement standards are used in property valuations, leasing agreements, and planning applications.
Difference Between Code of Measuring Practice (6th Edition) and RICS Property Measurement 2018:
Global vs. National Focus:
Code of Measuring Practice (6th Edition) is primarily focused on UK practices.
RICS Property Measurement 2018 aligns with International Property Measurement Standards (IPMS), providing a global framework for property measurement.
Standardization:
The 6th Edition focuses more on providing definitions and methods specific to the UK, whereas the RICS Property Measurement 2018 integrates international standards, allowing for more consistency across borders.
IPMS Adoption:
RICS Property Measurement 2018 fully adopts IPMS, which is aimed at creating uniformity for international transactions, making it more useful for multinational property deals.
In summary, while the Code of Measuring Practice (6th Edition) provides detailed guidance for the UK property market, the RICS Property Measurement 2018 offers a more comprehensive, international approach by incorporating the IPMS for global consistency.”
What is IPMS? Whats the difference with above
IPMS stands for International Property Measurement Standards. It is a globally recognized set of standards developed to create consistency and transparency in how property is measured across different markets and countries. The aim is to ensure that properties are measured in the same way, allowing for clear and fair comparisons, particularly in international real estate transactions.
what does IPMS 3 excludes? (according to rics property measurement 2018 2nd edition
“‘IPMS 3 – Office: The floor area available on an exclusive basis to an occupier, but excluding
standard facilities and shared circulation areas, and calculated on an occupier-by- occupier or
floor-by-floor basis for each building.
exclude common areas , include all internal walls and?
Inclusions:
All internal walls and columns within an occupant’s exclusive area are included within IPMS
3 – Office. The floor area is taken to the internal dominant face and, where there is a common
wall with an adjacent tenant, to the centre-line of the common wall.
Measurements included but stated separately:
Balconies, covered galleries, and roof top terraces in exclusive use are to be measured to
their inner face and their areas stated separately.
Exclusions:
Standard facilities, as defined above.
Standard facilities may vary from floor to floor and will also vary according to how the
building is occupied. In the case of a building in single occupation it has to be assumed,
hypothetically, that the building is in multiple occupation, floor by floor, in order to determine
the extent of the standard facilities. If a floor has two or more occupiers, each is to be
measured separately and any shared circulation areas are also excluded.’”
what is the differnce between IPMS 3 and NIA?
ipms 3 includes column, incldue areas less than 1.5m,IDF, internal structural wall, exclude non structural wall, open light well, external parking ;; NIA exclude column and internal structural wall, exclude balconies but include non structural walls
what tool do you use for measurement
calibrated laser distometer
how do you document your measurement ?
i document all of my findings throughout the measurement on pen and paper and transferred them to a excel spreadsheet once I am back to the office and saved them in a secured location
how do you calibrate your laser distometer?
annually by following the manual instruction
how do you measure office?
NIA
how do you measure logistics/ warehouse?
GIA - gross internal area and measure the eaves height
what does GIA include and exclude?
include entire internal area, excludes external element like canopy.
, external parking and open light wells
what is eaves height?
the distance from the ground to the underside haunch of the warehouse
why do you calculate the eaves height?
to determine clear total area for storage/ racking, including the height for storage
do you use GEA for logistics?
yes, measure the external areas that might be used for loading or external storage for temporary overflow (peak season like christmas)
