Dubai becomes first Government to formally support IPMS

The IPMS, which is being developed by a coalition of 22 professional and not-for-profit organisations from around the world, including the IMF, RICS and BOMA will address global inconsistencies in the way property is measured, leading to greater transparency and increased investor confidence.

The Dubai Government’s announcement further enhances their bid to host the World Expo in 2020, demonstrating their desire to connect real estate markets and implement international best practice standards.

via Dubai becomes first Government to formally support IPMS | RICS | AMEinfo.com.

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