---
title: "Per square metre (PSM) — Class A Atlas glossary"
description: "Standard EMEA / APAC unit for quoting rent."
canonical: https://classa.info/glossary/psm
pageType: glossary
lastUpdated: 2026-04-01T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Standard EMEA / APAC unit for quoting rent.

## TL;DR

- 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](/topics/apac-lease-conventions)">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](/glossary/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](/topics/cross-border-expansion) occupiers can translate quickly.

## See also

- [Per square foot (PSF)](/glossary/psf)

---

Citation: Source: Class A Atlas (https://classa.info/glossary/psm), updated 2026-04-01T00:00:00.000Z.