diff --git a/Ontology/DTDLv2/RealEstateCore/Information/Georeference.json b/Ontology/DTDLv2/RealEstateCore/Information/Georeference.json
new file mode 100644
index 000000000..223865a6e
--- /dev/null
+++ b/Ontology/DTDLv2/RealEstateCore/Information/Georeference.json
@@ -0,0 +1,64 @@
+{
+  "@id": "dtmi:org:w3id:rec:Georeference;1",
+  "@type": "Interface",
+  "contents": [
+    {
+      "@type": "Property",
+      "description": {
+        "en": "Altitude"
+      },
+      "displayName": {
+        "en": "alt"
+      },
+      "name": "alt",
+      "schema": "float",
+      "writable": true
+    },
+    {
+      "@type": "Property",
+      "description": {
+        "en": "The angle between local coordinate system and a north-south meridian."
+      },
+      "displayName": {
+        "en": "bearing"
+      },
+      "name": "bearing",
+      "schema": "float",
+      "writable": true
+    },
+    {
+      "@type": "Property",
+      "description": {
+        "en": "Latitude"
+      },
+      "displayName": {
+        "en": "lat"
+      },
+      "name": "lat",
+      "schema": "float",
+      "writable": true
+    },
+    {
+      "@type": "Property",
+      "description": {
+        "en": "Longitude"
+      },
+      "displayName": {
+        "en": "long"
+      },
+      "name": "long",
+      "schema": "float",
+      "writable": true
+    }
+  ],
+  "description": {
+    "en": "Encapsulates a georeference globally placing a spatially located entity in terms of latitude, longitude, altitude, and bearing."
+  },
+  "displayName": {
+    "en": "Georeference"
+  },
+  "extends": "dtmi:org:w3id:rec:Information;1",
+  "@context": [
+    "dtmi:dtdl:context;2"
+  ]
+}
\ No newline at end of file
diff --git a/Ontology/DTDLv2/RealEstateCore/Space/Space.json b/Ontology/DTDLv2/RealEstateCore/Space/Space.json
index ac5ff99cb..52fd5e612 100644
--- a/Ontology/DTDLv2/RealEstateCore/Space/Space.json
+++ b/Ontology/DTDLv2/RealEstateCore/Space/Space.json
@@ -2,6 +2,17 @@
   "@id": "dtmi:org:w3id:rec:Space;1",
   "@type": "Interface",
   "contents": [
+    {
+      "@type": "Component",
+      "description": {
+        "en": "A fixed point for, e.g., a building structure. Commonly refered to as \"insertion point\" in CAD-programs. Used as origo for locally defined geometries."
+      },
+      "displayName": {
+        "en": "georeference"
+      },
+      "name": "georeference",
+      "schema": "dtmi:org:w3id:rec:Georeference;1"
+    },
     {
       "@type": "Property",
       "displayName": {
diff --git a/Ontology/SHACL/RealEstateCore/rec.ttl b/Ontology/SHACL/RealEstateCore/rec.ttl
index 7a3fffcd3..7994a5d36 100644
--- a/Ontology/SHACL/RealEstateCore/rec.ttl
+++ b/Ontology/SHACL/RealEstateCore/rec.ttl
@@ -1004,6 +1004,48 @@ rec:Garage
   rdfs:label "Garage" ;
   rdfs:subClassOf rec:Room ;
 .
+rec:Georeference
+  a <dtmi:dtdl:class:Component> ;
+  a rdfs:Class ;
+  a sh:NodeShape ;
+  rdfs:comment "Encapsulates a georeference globally placing a spatially located entity in terms of latitude, longitude, altitude, and bearing." ;
+  rdfs:label "Georeference" ;
+  rdfs:subClassOf rec:Information ;
+  sh:property [
+      a sh:PropertyShape ;
+      sh:path rec:alt ;
+      sh:datatype xsd:float ;
+      sh:description "Altitude" ;
+      sh:maxCount 1 ;
+      sh:name "alt" ;
+    ] ;
+  sh:property [
+      a sh:PropertyShape ;
+      sh:path rec:bearing ;
+      sh:datatype xsd:float ;
+      sh:description "The angle between local coordinate system and a north-south meridian." ;
+      sh:maxCount 1 ;
+      sh:name "bearing" ;
+    ] ;
+  sh:property [
+      a sh:PropertyShape ;
+      sh:path rec:lat ;
+      sh:datatype xsd:float ;
+      sh:description "Latitude" ;
+      sh:maxCount 1 ;
+      sh:minCount 1 ;
+      sh:name "lat" ;
+    ] ;
+  sh:property [
+      a sh:PropertyShape ;
+      sh:path rec:long ;
+      sh:datatype xsd:float ;
+      sh:description "Longitude" ;
+      sh:maxCount 1 ;
+      sh:minCount 1 ;
+      sh:name "long" ;
+    ] ;
+.
 rec:GroupRoom
   a rdfs:Class ;
   a sh:NodeShape ;
@@ -1797,6 +1839,15 @@ rec:Space
       sh:maxCount 1 ;
       sh:name "geometry" ;
     ] ;
+  sh:property [
+      a sh:PropertyShape ;
+      sh:path rec:georeference ;
+      sh:class rec:Georeference ;
+      sh:description "A fixed point for, e.g., a building structure. Commonly refered to as \"insertion point\" in CAD-programs. Used as origo for locally defined geometries." ;
+      sh:maxCount 1 ;
+      sh:name "georeference" ;
+      sh:nodeKind sh:IRI ;
+    ] ;
   sh:property [
       a sh:PropertyShape ;
       sh:path rec:hasPart ;