The Royal Institution of Chartered Surveyors (RICS) has launched an insight paper which explores the impact of using artificial intelligence (AI) in the built environment, and the urgent need for industry professionals to understand how it will influence their areas of operation, as technology has a far greater role to play in the future.

Despite rapid globalisation with investment funds flowing across borders and money pouring into constructed assets, the construction profession has until now, lacked a common language and framework for classifying and reporting construction costs.

In March 2017, the Association of South African Quantity Surveyors (ASAQS) and the Royal Institution of Chartered Surveyors (RICS) signed a Memorandum of Agreement (MoU) to further professional development and information sharing for members of both institutions. 

With South Africa and Nigeria being Africa’s two biggest economies, the recent credit rating downgrades by global ratings agencies, will negatively affect both nations and hit Africa’s overall economic growth.

Following extensive industry consultation, the Royal Institution of Chartered Surveyors (RICS) is tightening up requirements for RICS professionals and regulated firms working in the land, property and construction sector, with the publication of a new global professional statement on conflicts of interest.

South Africa’s financial hub – Sandton Central in Johannesburg - will play host to the Royal Institution of Chartered Surveyors (RICS) influential annual Africa Summit from 22-23 February 2017.

Firmly established on the global map as a progressive business hub with a thriving economy, Mauritius is becoming a breeding ground for professionals, this despite the fact that this small island in the Indian Ocean only has a population of about 1.3 million inhabitants.

The built environment has a vital role to play in helping governments meet their carbon dioxide (CO2) emissions targets.

Despite ongoing macro risks, sentiment in the commercial property market remains positive across much of the world, although there are some exceptions to this broad trend, according to the second quarter 2015 Royal Institution of Chartered Surveyors (RICS) Global Commercial Property Monitor.