15 AUG 2018
Martin J Brühl became RICS’ first President from Continental Europe in 2015 and the first to address the UN Climate Change Conference (COP).
Martin J Brühl’s professional background is in valuation and capital markets advisory. Prior to joining Union Investment, he worked for several international consultancy firms.
Martin was an early advocate of a collaborative approach to developing standards, and as President-Elect, Martin launched the first collaborative standard – the International Property Measurement Standard, in Frankfurt. Since then IPMS has evolved to include commercial property, and RICS has co-created international standards for construction and land measurement.
In December 2015, Martin represented the profession at the landmark UN climate conference in Paris, COP21. Speaking at the Buildings Day, Martin called for international standards to drive investment in sustainable buildings and to provide a consistent basis for measuring performance against emissions reduction targets. On the same day, RICS joined the “Global Alliance for Buildings and Construction” as an initiating partner.
Following his appearance at COP21, Martin launched the RICS “Sustainable real estate investment action framework”, a comprehensive guide to the tools available to professionals in support of the Paris climate commitments. This work subsequent led to the RICS’ first standard mandating a whole life approach to reducing carbon emissions within the built environment.
Acutely aware of fund managers’ fiduciary duty when investing “other people’s money”, Martin has been a consistently powerful voice on the importance of risk management. Martin established the RICS Real Estate Investment Risk Forum (IRF), a network of senior investors from many of the world’s leading real estate investment businesses responsible for over US$ 1 trillion of real estate assets under management.
Since his presidential term, the IRF has gone from strength to strength and published its inaugural Perspectives on Global Real Estate Investment in October 2017, ten years after the Global Financial Crisis.