Real estate firms and organisations must act as quickly as possible on adopting all of the changes proposed in Peter Pereira Gray’s independent report into investment valuations for the RICS, or risk facing another review down the line with a much tougher outcome for the industry, according to experts taking part in today’s episode of EG Property Podcasts.
Pereira Gray’s report has made 13 recommendations designed to boost compliance, after evidence of conflicts and their management were assessed. The RICS standards and regulation board has pledged to implement all of these at “different speeds”.
The new rules are also designed to be a “wake-up call” for the industry and establish a system fit for the “changing world”. But are they far-reaching enough to help build trust in valuations and solve the big issues facing valuers?
EG’s news editor Pui-Guan Man is joined by Andy Pyle, UK head of real estate at KPMG, Claire Magowan, head of portfolio valuation at Savills, Ollie Saunders, head of UK commercial valuation at alternatives at JLL and Charles Smith, chairman of UK and cross border valuation and advisory at Cushman & Wakefield to discuss what the industry needs to tackle next, as well as the report’s wider implications for real estate.
Voice of the Region Live: West Midlands – Uneasy as EPC
Voice of the Region: West Yorkshire – The unstoppable deal machine
Dealmaker of the Month: Jamie Lamond, Watling Real Estate
Redefining how real estate uses tech to address the climate challenge
Driving a better experience in the workplace
Voice of the Region: Hampshire – Retail reinvented
The great workplace reset
Dealmaker of the Month: John Proctor, FHP
School of Hard Knocks: Serial founder Neil Sinclair
In on the Act: Daniel Black discusses differences between English and Scottish law
Voice of the Region: Glasgow – Captain of industry
School of Hard Knocks: Canary Wharf Group’s Jane Hollinshead
School of Hard Knocks: JLL’s Katie Kopec
Bricks & Mortar: RICS Matrics Surveyor of the Year, Carolyn Brady discusses her career in property
Dealmaker of the Month: Patrick Matheson, Knight Frank
On the Case: The Building Safety Act bites in Olympic Village dispute
Bricks & Mortar: Changing career and establishing yourself as a sole practitioner
Voice of the Region: Teesside – Riverside renaissance
Bricks & Mortar: Turley’s James Simondson on delivering social value through planning
In on the Act: Stephen Jourdan KC discusses the Leasehold and Freehold Reform Bill
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Gorse Culture PODcast : The H.R. Detective Agency!
HCI Leadership Revolution
The Ramsey Show
Planet Money