Standard EMEA / APAC unit for quoting rent.

  • Standard EMEA / APAC unit for quoting rent.
  • Per square metre per year is the standard EMEA convention.

Per square metre (PSM)

Measurement · EU, APAC

Short definition

Standard EMEA / APAC unit for quoting rent.

Full definition

Per square metre per year is the standard EMEA convention. Tokyo uses tsubo">tsubo (3.3 sqm). Convert to per-seat per-month USD for cross-market comparison.

Example

1 sqm ≈ 10.764 sqft.

Why this matters for Class A leasing

Per square metre (PSM) is part of the measurement vocabulary that institutional Class A occupiers, landlords, and advisers use across EU, APAC markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so cross-border occupiers can translate quickly.

See also