The RICS Podcast

The RICS Valuation - Global Standards, or Red Book, is a document issued as part of our commitment to promoting and supporting worldwide delivery of valuations to the highest standards.As an evolving set of rules, best practice guidance, and related commentary for all members undertaking asset valuations, the focus on this episode of The RICS Podcast is on how RICS reacts quickly to economic & political instability, how valuations are increasingly factoring in ESG policies, and the Red Book’s handling of exceptions, approaches, and sub-methods.This episode of The RICS Podcast covers:How to apply the Red Book as a framework rather than a methodologyThe impact of ESG policies, and how this will be reflected in market valuationsA new approach to handling ‘exceptions’Key distinctions to clarify around valuation and worth

Today’s world drives a necessity to generate social value, be responsible towards environmental impacts, and remain transparent in the way they deliver their services. Highlighting that vital focus on ESG factors is a driving force behind a new piece of work from RICS: the Responsible Business Framework for Real Estate Management.Joining us on The RICS Podcast to break down what this means practically for the sector is Victoria Hughes, Business Responsibility Director at VINCI Facilities. Together with host Paul Bagust, we hear how the framework promises to lead changes that truly drive social value.This episode of The RICS Podcast covers:How to improve the social value from the real estate sectorThe shift towards representing ESG factors in tender scoresGreat examples of sustainability and the circular economy

As members of RICS, you’ll be well aware of the global challenges we face day-to-day, and the imperative importance of following professional standards in even the most testing of scenarios.This week on The RICS Podcast we’re taking the opportunity to offer guidance for members, APC candidates and students for the year ahead, with reliable insights from RICS’ own Chrissie O’Rourke Steven Thompson.With a newly redrafted set of Rules of Conduct from February 2022, we’ve moved towards a simpler structure, with clearer case studies and a future-focused emphasis on respect, diversity and inclusion. Join us as we talk through applying the Rules of Conduct in a number of scenarios, covering late tenders, defining small gifts & bribery, and what to do if you need to whistleblow.This episode of The RICS Podcast covers:The importance of following ethical standards, even in sectors with with low numbers of complaintsWhere the application of the Rules of Conduct may need a tailored approach in public vs private sector scenariosWhich records you should keep when deciding if you need to whistleblow or walk away from an ethical issueHow diversity & inclusion plays into the professional approach to managing discrepancies

Welcome to The RICS Podcast, an exclusive podcast series bringing together expert guests to discuss the most pertinent, industry-shaping topics from the world of Chartered Surveying.This week, we’re taking a deep dive on the upcoming changes to the Rules of Conduct. In their current form they’ve been a part of the profession since 2007; Dayle Bayliss & Luis Campbell are two leading colleagues from the industry at the centre of the rules’ revisions.Dayle & Luis join host Christine O’Rourke to discuss the shift towards a values-based implementation of the rules, the increased focus on diversity, inclusion & sustainability, and where to go for further advice on the Rules of Conduct before February 2022.This episode of The RICS Podcast covers:The reasons for redrafting the Rules of Conduct, and how they were determined to be fit for purposeHow we’ve shifted from prescribed approaches towards value-based approachesSustainability, Diversity & Inclusion’s increased focus in the redrafted rulesHow to interpret the Rules of Conduct’s case studies, and use them to inform your own practicesWhere to find further information, advice and clarification on the implementation of the new Rules of Conduct

In the past decade there’s been an observable shift in the Quantity Surveying profession that’s demonstrated the persistent need to evolve and push the sector forward. So where could we be in another 10 years’ time…?Alan Muse hosts this week’s episode of The RICS Podcast, where we look ahead through the experienced lenses of our guests; Bola Abisogun OBE & Kevin O’Grady.Setting the scene for the decade to come, we hear how the evolution of information management promises to catalyse greater opportunities for collaboration, the skills that will make the ideal Quantity Surveyor in the future, and how other professions’ diversification into our sector will change how we view the QS role in years to come.This episode of The RICS Podcast covers:Where the future of Quantity Surveying lies, and how it’s shifting away from purely CapEx concernsThe upcoming paradigm shift to looking at the long term lifecycle of assets, right up to their decommissionImpacts of increased sustainability focus on larger, global consultanciesNurturing a greater sense of collaboration in the industryHow the QS role will evolve as other professions enter the space

Welcome to a brand new series of the World Built Environment Forum Insights podcast, brought to you by RICS. We’re kicking off an engaging series of monthly podcasts with a look at openBIM and the future of digital twins with Fred Kloet.Fred, Chair of FM and Open BIM and Director of Smart Workplace International, chats to host Andrew Knight about how a collaborative approach promises to boost movements like Net Zero & Build Back Better.We hear about the opportunities presented by the advent of platforms like openBIM, and how a federated approach to data governance promises to revolutionise the impact of digital twins.This episode of WBEF covers:The exciting fundamental principles behind Open BIMHow Build Back Better and Net Zero challenges can be solved through federation over fragmentationEthical issues around assets with people in them, and standards of data governanceHow integrating facility management data presents an opportunity to increase the value of real estateRoyal Institute of Chartered Surveyors:https://www.rics.org/uk/Andrew Knight:https://www.linkedin.com/in/andrewknight3/Fred Kloet:https://www.linkedin.com/in/fredkloet/

In this special episode Ken Creighton, director of thought leadership and public affairs is joined by RICS President Kath Fontana and Immediate Past President, Tim Neal. Taking place just three days after Kath’s inauguration as the 3rd female president of the RICS, their conversation provides a timely opportunity to reflect on some of the challenges, response and opportunities of the last 12 months and also looks forwards to Kath’s term as President and how the profession and the wider industry are fundamental in providing solutions to the most serious challenges facing people and the planet for decades and generations to come. 

This special episode is a live recording of our Chief Executive, Sean Tompkins speaking with the Global Infrastructure Hub’s Chief Executive, Marie Lam-Frendo. The conversation took place back in June and centred on the role of infrastructure in creating an inclusive and resilient socio and economic recovery from Covid-19. As you will hear, Marie gives an update on the G20’s members approach to infrastructure and talks about the importance of developing infrastructure that meets the needs of future generations. Marie kindly responded to some of the questions that we weren't able to answer on the day. Please find the link to "You Asked Us" piece here - https://www.rics.org/uk/wbef/megatrends/markets-geopolitics/you-asked-us-responsible-equitable-and-green-infrastructure-finance-and-delivery/For more information on the initiatives and other themes discussed please visit https://www.gihub.org/Other useful links:https://cdn.gihub.org/umbraco/media/2564/global-infrastructure-investor-survey-report-2019.pdfhttps://inclusiveinfra.gihub.org/ https://outlook.gihub.org/ For more information on the World Built Environment Forum please visit: https://www.rics.org/uk/wbef/If you are interested in any of the documents, guidance or work that Sean mentioned please visit: https://www.rics.org/uk/To join the World Built Environment Forum and receive exclusive content please sign up here: https://www.rics.org/uk/wbef/join-wbef/You can also follow us on LinkedIn, Twitter and Instagram

In this podcast with Arup Senior Engineer Richard Boyd we explore how CEOs and their Board members can make sense of the Circular Economy in the built environment. A circular lens encourages businesses to consider the impact of potential future events on asset value, and how the assets might adapt to new circumstances. If Covid leads to reduced demand for office space, how can offices be re-purposed without expensive and wasteful deconstruction? This is not without problems, as the experience of New York showed when businesses relocated to mid town Manhattan after 9/11 and offices were converted to residential use with mixed success. The UK has also had mixed success in commercial to residential conversion, as highlighted by RICS research on Permitted Development Rights https://www.rics.org/uk/news-insight/research/research-reports/assessing-the-impacts-of-extending-permitted-development-rights-to-office-to-residential-change-of-use-in-england/The Circular economy  in buildings is inspiring new business models such as Philips’  Signify, https://www.lighting.philips.com/main/cases/cases/airports/schiphol-airport Kaer https://www.caas-initiative.org/news/video-case-study-kaer-implements-caas-in-singapore/ and Mitsubishi Electric  https://emea.mitsubishielectric.com/en/products-solutions/building/index.html Respectively they offer light, cooling and vertical transportation as a service to buildings occupiers. This gives occupiers assurances on running costs (since they do not own the systems) and incentivises the providers to minimise resource use, maximise component longevity and ensure they can be remanufactured for future clients. Law makers are beginning to set Circular Economy performance standards. Denmark has a strategy to reduce GNP per tonne of material used https://dakofa.com/element/danish-national-strategy-for-circular-economy/#:~:text=Circular%20economy%20is%20all%20about,but%20in%20a%20new%20product.The Netherlands aims to be 100% circular by 2050 and Amsterdam aims to halve the use of virgin material per unit of economic output by 2030. https://www.iamsterdam.com/en/business/news-and-insights/circular-economy#:~:text=Amsterdam%20and%20the%20Netherlands%20are,to%20minimise%20waste%20of%20resourcesRead more:https://www.arup.com/perspectives/publicaFor more information on the World Built Environment Forum please visit: https://www.rics.org/uk/wbef/If you are interested in any of the documents, guidance or work that Sean mentioned please visit: https://www.rics.org/uk/To join the World Built Environment Forum and receive exclusive content please sign up here: https://www.rics.org/uk/wbef/join-wbef/You can also follow us on LinkedIn, Twitter and Instagram

In our latest episode looking at the impacts of Covid-19, we bring together a panel of experts from across the globe to focus on urbanisation and the natural environment.Ken Creighton, our Director of Thought Leadership guides our panel as they explore and examine the short, medium and longer term impacts may be and what opportunities have and will arise from the crisis. Guests:Mandakini Devasher, International Development Consultant: Water, energy, food, gender and climate change in South AsiaDavina Rooney, CEO Green Building Council of AustraliaWill Waller, Arcadis Build to Rent Market Leader Benjamin Towell, Senior Architect at Building and Construction Authority SingaporeFor more information on the World Built Environment Forum please visit: https://www.rics.org/uk/wbef/If you are interested in any of the documents, guidance or work that Sean mentioned please visit: https://www.rics.org/uk/To join the World Built Environment Forum and receive exclusive content please sign up here: https://www.rics.org/uk/wbef/join-wbef/You can also follow us on LinkedIn, Twitter and Instagram