More than 500 delegates from industry, government and policymaking will debate how to make informed and responsible investments in an ever-changing technological and geopolitical landscape at the RICS World Built Environment Forum. This flagship event is sponsored by big names in real estate, including Cushman & Wakefield Inc.
Headlining the event is Parag Khanna, named one of Esquire’s “75 most influential people of the 21st Century,” and featured in WIRED magazine’s “Smart List.” He brings a global perspective to the intertwined forces shaping investment in the built environment.
“Across the developed and developing world, cities are assuming an ever-greater role in the overall health, wealth and happiness of the planet’s people,” says Khanna. “At this pivotal point in human history, innovative, ambitious and holistic approaches to issues such as rapidly growing migrant populations and climate change are urgently required – and both the public and private sectors have a vital role to play. In my capacity as a keynote speaker at the fourth annual summit of the World Built Environment Forum, I’m excited about the opportunity to participate in this timely, global discussion.”
Set for May 2019, the annual summit reconvenes to tackle “The future of investment in real assets” and how we harness new technology to mobilize the private capital investment needed to meet the growing global demand for new infrastructure, new real estate and the renewal of existing assets.
“Cities stand at the forefront of the world’s challenges, and as the world continues to urbanize, grapple with globalization and address the impacts of climate change – cities are where the world’s hopes and opportunities lie,” says Elizabeth Yee, Vice-President, Resilience Finance at 100 Resilient Cities. Yee is leading a panel about Global Cities. “Critical to the success of the cities’ ability to build resilience is the ability to deploy capital for maximum public benefit. We need to understand how to evaluate both the financial viability and resilience benefits of new infrastructure projects in the ever-complex world we live in.”
Also on the roster is John Busi, President, Newmark Knight Frank’s Valuation & Advisory, and one of the most innovative and respected figures in property valuation globally.
“Enhanced automation in valuation, big data and artificial intelligence are technological innovations that are shifting the construction and real estate appraisal landscape,” explains Busi. “What technology-driven changes could happen over the short to medium term? How will technology advances in real estate impact risk assessment and risk mitigation? Will predictive analytics shift the valuation ‘problem’ from ‘what is the value?’ to ‘what will the value be?’ These are just some of the questions our industry needs to address and that we will explore at the World Built Environment Forum Summit.”
About RICS / rics.org
About the World Built Environment Forum and Summit / rics.org/wbef
RICS is addressing the key global trends that shape the built environment. As an impartial professional body, we are therefore bringing together international leading thinkers, practitioners and stakeholders in 2019 for “Summit NYC”, part of RICS’ World Built Environment Forum. This is the fourth summit, after Washington DC in 2016, Shanghai in 2017 and London in 2018.