March 21, 2007—The Institute of Real Estate Management (IREM) and the Building Owners and Managers Association (BOMA) International have instituted measures to allow respondents to report building income and expense data to each organization easily, without submitting separate forms to each group.
While both groups have used the same data collection form for some time, respondents who chose to contribute to both reports had to fill out the form twice (once for each organization). Now respondents can submit their data to one organization and authorize their data to be automatically shared with the other organization, the organizations say.
IREM’s office building report, titled Income/Expense Analysis Office Buildings, is one of five reports it has published annually for key property sectors for 51 years. BOMA’s report, known as its Experience Exchange Report (EER), is in its 86th year.
