The Royal Institution of Chartered Surveyors (RICS), the global professional body for land, property and construction, launched its Barbados Chapter at a leading market event focused on best practice in real estate.
Approximately 50 professionals attended the launch presentation and networking event at Accra Beach Hotel in early October, where RICS Caribbean Board Chairman, Sanjay Amin FRICS, presented on the status of RICS in the Caribbean, and on a new proactive valuer regulation program being launched to offer clients additional quality assurance, called Valuer Registration.
Sanjay Amin is organising the Chapter with fellow RICS member Milton Innis FRICS and other key members in Barbados. Amin said:
“This is an exciting development. RICS is the leading global organisation for the real estate profession, and the opening of this Chapter in Barbados is about recognising that is a community of best practice professionals on the island who want to be part of a global network.
“We are delighted to launch this Chapter in Barbados and look forward to holding regular monthly professional development events for members and others in the wider real estate community.”
During the event Edward Marston of AF Consulting presented on PPP in full, a subject on which RICS is leading globally with research and best practice.
Marston spoke on the effectiveness of PPP in economies which struggle to keep projects on time and budget.
RICS is the world’s leading qualification when it comes to professional standards in land, property and construction.
In a world where more and more people, governments, banks and commercial organizations demand greater certainty of professional standards and ethics, attaining RICS status is the recognized mark of property professionalism.
100 000 property professionals working in the major established and emerging economies of the world have already recognized the importance of securing RICS status by becoming members.
RICS is an independent professional body originally established in the UK by Royal Charter. Since 1868, RICS has been committed to setting and upholding the highest standards of excellence and integrity – providing impartial, authoritative advice on key issues affecting businesses and society. RICS is a regulator of both its individual members and firms enabling it to maintain the highest standards and providing the basis for unparalleled client confidence in the sector.
The RICS Valuer Registration program was launched in the UK and Europe in late 2010 and 2011 as a response to the global financial crisis. RICS has been meeting with stakeholders in the Americas to discuss next steps on launching this program, as a result of market demand for additional quality assurance for banks, governments and other end users.
For more information:
Head of Corporate Affairs, Americas