Introduction
The plan is to have the same capabilities with IFC5 as with the current IFC releases. But IFC5 is still under development and while it aims to be functionally compatible with existing versions, it is technically quite different.
Disclaimer
IFC 5 is under development and all that is stated hereunder might change in the future.
The current version is IFC5a (alpha version) which is from 05-06/2025 and evolving.
A training organized by buildingSmart is available.
buildingSmart IFC5 development repository
The reference for IFC5 is the IFC5 development repository on GitHub
This is continuously evolving.
There was a pre-alpha version. There is now an alpha version.