RICS July to September 2025 Report

Our latest quarterly report presents a snapshot of RICS initiatives that are empowering members and strengthening the impact of our profession. 

As the profession evolves, so do our standards, guidance and practices. Find out how we’re working to expand our influence, take on the issues that matter, convene members globally to shape progress and build communities, develop partnerships that make a difference, and attract new talent from all backgrounds. 

Explore highlights from the report here or download a copy to read it in full. 

Our key numbers

professionals and candidates globally

 

112,196

number of professionals (with RICS designations)

27,940

number of candidates working towards a professional designation

1,606

new candidate enrolments

429

new professionals

Member engagement and support

From technical site tours and valuation standards updates to CPD seminars and innovation forums, Q3 was pivotal in enhancing member value and global market influence.

Find out how we’re delivering global impact though locally relevant engagement.

Driving member value across borders and sectors

Between July and September, we supported the next generation of professionals with 90 events, receiving over 1,700 member engagement responses (up from 1,075 in 2024). These events were grounded in local need and global best practice.

  • 81% global member satisfaction (CSAT)
  • 90 total events held
  • 3,616 total attendees
  • 21 countries engaged

Shaping the future of the profession, all over the world

Stronger governance, broader voices

We added a total of 29 board appointments, showing a significantly strengthened global governance, strong member engagement and a renewed commitment to shaping the profession’s future. 

These appointments included members from the Americas World Regional Board and various Regional Advisory Boards, with a notable addition of a new Regional Board Chair based in Qatar.

“Qatar has ambitions and visions for the future development of the country and RICS can play an important and leading role over the coming years. My goal is to put RICS ‘back on the map’ in Qatar in a positive and meaningful manner, and to encourage the growth of the profession by attracting young graduates and newly-qualified members, who are needed for the future growth of the profession.”

Neil Hamilton BSc (QS), MRICS, FAIQS

Chair of the RICS Qatar Boar

Neil Hamilton headshot

Neil Hamilton BSc (QS), MRICS, FAIQS

Global next generation activity

Our global efforts to engage and support the next generation of professionals are central
to future-proofing the industry. Q3 saw focused initiatives aimed at candidates, students,
and the Matrics community to strengthen the professional pipeline worldwide.

  • 64 global events were held for the Matrics community.
  • 1,555 delegates attended.
  • Events were held in the DACH region, UK&I, KSA, and UAE. Notably, 50 of those events were held in the UK&I, reflecting a strong focus on grassroots engagement in that market.

Professional practice

The Knowledge and Practice Committee (KPC) is responsible for overseeing the advancement of knowledge and professional practice.

Discover how the committee supported the implementation and development of technical standards in Q3 for the benefit of members.

Land and natural resources: key activities

The HM Government completed consultation on the Electricity network infrastructure consents, land access and rights which aims to speed up the deployment of new grid connections to meet net zero and clean power goals by 2030. RICS members were heavily engaged in this work. 

A new guide was published to help professionals across the UK’s built and natural environments make informed decisions when procuring geospatial surveys. As geospatial surveys are often the first step in major construction projects, this guide can deliver lots of value by reducing project risk, saving time and money, and promoting best practices in the industry. 

Meanwhile the Planning & Development Expert Group continued their work in consulting the UK government on the proposed planning reform agenda. These consultations are part of a series and looks into how the government could reform planning committees. 

Residential property 

RICS submitted their responses to the Ministry of Housing, Communities and Local Government’s (MHCLG) consultations on the decent homes standard and leasehold reform. 

Building surveying: key activities

Our Global Building Standards Director, Gary Strong gave evidence on the problems and solutions regarding the Gateway 2 applications in the House of Lords. He also gave evidence to the Welsh Senedd regarding a draft of the new Building Safety Bill which would deal with the in-occupation phase for residential buildings.

The Financial Times interviewed Gary Strong and Martin Samworth about the BSR challenges and government housing target.

Commercial property: key activities

RICS HQ was host to the European Property Investment Update which brought prominent European real estate investors together and gave a platform for market leaders across regions. 

RICS was also represented at the Global Property Linked Finance Initiative (GPLFI) which is designed to channel investment into sustainable buildings.

Construction: key activities

The first Global Construction Standards consultation was launched, covering global principles of QS and construction practices. 

Reuters reported on the use of robotics in timber construction, including the role robots could play in overcoming some skill shortages. 

Q3 also saw a delegation from the Malaysian Construction Industry Development Board encourage collaboration and engagement in discussions around topics like cost management and cost control matters.

Valuation: key activities

An exciting collaboration between RICS, PGPs and internal stakeholders saw the release of a new article responding to the government’s announcement of banning upward-only rent review. 

MHCLG proposed an update to the homebuying and selling process, which prompted cross-industry discussions. As these major proposals impact RICS members, regulated firms and the general public, it goes to the heart of our royal charter. 

Valuation Professional Organisations (VPOs) from the G20 gathered to reaffirm their commitment to the V20 declaration to enhance the quality and effectiveness of the valuation practices within the G20 community. 

Sustainability: key activities

The Whole Life Carbon Assessment (WLCA) in the built environment released their second edition of adoptions and implementations, offering step-by-step guidance for transparent embodied carbon assessments through optimised building information modelling workflows. Our standard was featured in the WBCSD-led publication A Guide to Alignment in the Built Environment, in collaboration with Autodesk, AECOM, Arcadis, Arup, Foster + Partners, Ramboll, and SOM. 

During Climate Week NYC 2025, we took part in a series of high-impact engagements including a workshop hosted by Saint-Gobain’s Sustainable Construction Observatory and Villa Albertine, and discussions at AECOM’s headquarters. We also hosted two events: the ‘Protecting Asset Value’ session and the ‘Policy in Action: Driving Resilient Infrastructure in NYC’. 

We started work on developing a new professional pathway designed to support sustainability leadership and strategi decision-making across the built and natural environments. 

Data, tech and AI: key activities 

The International Cost Management Standards (ICMS) celebrated its 10th anniversary, hosting an event at the International Monetary Fund (IMF) headquarters in Washington, DC. The 3rd edition of ICMS, alongside our Whole life carbon assessment (WLCA) standard, is now recognised as a leading taxonomy for life cycle costs and carbon emissions. 

We published our first global AI in construction report based on feedback from over 2,200 professionals worldwide. The report reveals that respondents are optimistic about how AI can enhance value, particularly in areas such as design, scheduling, and cost control. 

And then finally, RICS took part in a panel at Autodesk University 2025. Named, Future-Proofing Prefab: Scaling Tech Innovation in Industrialized Construction, panellists highlighted the value of integrating product platforms with digital tools and connecting prefab innovation with AI and data. 

Q3 saw many important DEI events across our regions in UK&I and MEA, specifically. Our membership trips in Dubai and India strengthened relationships with our regional members, while a joint Black History Month DEI event focused on equity, representation and shared learning across the built environment. Work with our Global DEI Forum also continued with an event with Gens Recruitz about attracting talent into surveying roles. 

Standards and regulation

The Standards and Regulation directorates support the profession through maintaining public trust and confidence for the benefit of society.

Learn how we’re upholding professional standards by regulatory activities and assurance programmes.

Our work in numbers

The RICS Regulation and Assurance Operations supports the profession by underpinning client and public confidence by upholding professional standards with our support teams and regulatory tribunal. In Q3 we:

  • 529 Designated Professional Body scheme firms (UK only)
  • 1,701 Client Money Protection scheme firms
  • 10,008 RICS-regulated firms
  • 15,612 Valuer Registration scheme members
  • 140,327 individual members

Read the Q3 report to see the achievements of our support teams and regulatory tribunal for this period.

We launched a brand new standard, Responsible use of AI in surveying practice, in collaboration with our expert member group and industry experts, as well as a new edition of Countering financial crime around the responsible use of AI in surveying.

As assessment numbers are usually lower during the UK summer months, some regions are tracking lower than expected. That said, 24 accreditation visits took place, and one new Lead Assessor and Principal Assessor were appointed.

  Assoc assessments MRICS assessments Enrolments Elections
Q1 124 373 1827 631
Q2 242 2536 1757 1817
Q1+Q2 366 2909 3584 2448
Q3 184 192 1606 432
YTD 550 3101 5190 2880

DRS appointment services

During Q3, DRS received a total of 760 applications, covering both construction adjudication and commercial services.

The construction sector saw 321 adjudication applications received in Q3 2025, compared with 331 in the same period last year.

The commercial sector saw 439 applications were received for rent reviews, showing a marginal increase on the same period in 2024 (436 applications) and a notable rise from 317 in the previous quarter.

DRS quality assurance and panel management

In Q3, our Panel Management Team has been focused on concluding the recruitment of new construction adjudicators – receiving over 90 applications and shortlisting 61 candidates for interviews. As we are the UK’s leading adjudicator nominating body, demand to join our Panel remains extremely high.

DRS education

This quarter is usually our quietest, but it was slightly higher than Q3 in 2024, showing the strong year, we’ve had so far.

Q3 2025 saw us welcome 117 new delegates compared to just 66 in Q3 2024, which could be attributed to the bespoke training we organised for Transport for London and reintroducing the Adjudication competencies. We also welcomed a second Transport for London cohort for Conflict Avoidance training.

Other trainings included an Expert Witness Programme in the Middle East and UK, and the Diploma in Adjudication in South Africa.

DRS consultancy

Our DRS consultancy work took us around the globe in Q3, starting with a workshop in the UK that focused on simplifying and standardising Section 106 agreements for medium-sized dwellings. We were then in Hong Kong, Ontario, South Africa and New Zealand for a series of different events where we liaised with governments on legislation amendments and participated in roundtable discussions.

We also recorded a podcast for the RICS series, exploring the impact of Conflict Avoidance Process on the construction industry.

Global Quartely Performance Reports

Q4 2024 Download (PDF 4.40MB)

Published date: 24 February 2025

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Q3 2024 Download (PDF 3.31MB)

Published date: 07 November 2024

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Q2 2024 Download (PDF 4.77MB)

Published date: 09 August 2024

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