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    IPMSC appoints committee to create global property standard

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    Nineteen leading property professionals from around the world have been appointed by the International Property Measurement Standards Coalition (IPMSC) to join its Standards Setting Committee to develop a global standard for measuring property. With the implementation of a global property measurement standard, properties will be consistently measured; creating a more transparent marketplace, greater public trust, stronger investor confidence, and increased market stability.

    The standard will have a significant impact on the way property is measured, leading to improvements in valuation and financial reporting consistency across international markets. Standards Setting Committee members include academics, real estate fund and asset managers, residential professionals, valuers, and specialists in development and construction.

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