Built environment professionals, innovators and global influencers will reconvene in New York City for the RICS World Built Environment Forum Summit 2019.
In an industry constantly looking to adapt, lead and grow, we invite you to shape the world we live in, create positive change and be a part of the world’s most important discussions.
In an ever-changing geopolitical landscape, we need to know how to make informed investments in the world we live in and manage future risk. We need to know how to future proof the urban and natural environment against resource scarcity and climate change, and how to navigate the circular economy.
How will technology aid and inform decision making to limit economic risk? Big data, blockchain and other technologies will have a role to play in the future of the built environment and help us to create smart, liveable and resilient cities. It will change the workplace as we know it: the buildings we work and live in could become more educated than their residents.
In the context of investing in the built environment, our summit will explore:
“The global system is characterised by certain megatrends that are so robust they have withstood every obstacle, every conflict, every financial crisis and every plague in history.”
For bestselling author, scenario-based strategy advisor and summit keynote speaker Parag Khanna, the 4th Industrial Revolution does not mark a departure from history, but its repetition: the previous 75,000 years of civilisation provide a blueprint for prosperity in this age of disruption. The session will centre on three pivotal observations:
What does China’s Belt and Road initiative mean for long-established transatlantic trade relationships? Can globalisation weather the apparent crisis of faith in the markets that most benefit from it? How vulnerable are the global infrastructure chokepoints on which we depend so heavily?
Join “one of the most influential people of the 21st century” to consider how the global system’s long history of resilience can inspire confidence in its future
Parag Khanna, Founder & Managing Partner, FutureMap
The defining demographic development of the 20th century was the 400% increase in the global population. Projections suggest that the defining demographic development of this century will be the mass migration of the world’s people to urban areas. At a macro level, how can built environment professions, in partnership with policymakers and international institutions ensure our metropolitan regions are resilient and economically vibrant?
What makes commercial real estate investible in the 21st century? In an age of rapid, tech-driven cultural change, the traditional “bricks, mortar, walls and windows” perception of buildings is out of date. Considering shifting patterns of work and leisure, this session will assess how popular expectations of the built environment have evolved, and what this means for buildings as viable, revenue-generating assets.
Global economic prosperity is heavily reliant on the construction industry, a sector that has yet to futureproof itself for the demands of the 21st century. Exploratory funding falls markedly short of levels seen in comparable industries, with estimates suggesting that less than 1% of global construction revenues are reinvested into research and development. Disruptive technology poses a stark choice to the construction industry: modernise or become obsolete. With 13% of global GDP and 7% of the world’s workforce in question, the significance of the challenge, and the scale of the opportunity, is great.
From intelligent buildings to smart contracts, Blockchain is revolutionizing business processes for landlords and real estate professionals. Hear from leading professionals in commercial real estate and venture capital how blockchain and new technologies are changing their business, and what to expect from the future.
Be part of an Investment Committee meeting, in which senior investment figures from around the globe analyze the interconnected and yet distinctive risks of competing commercial real estate investment propositions. In an extended investment cycle and a backdrop of geopolitical uncertainty, what are the best strategies for institutional investors to achieve satisfactory risk-adjusted returns while acting responsibly on their clients’ behalf?
The RICS Investment Risk Forum is the only group of its kind, bringing together Chief Investment Officers and Chief Risk Managers from leading institutional investors, responsible for more than US$1tn of assets under management worldwide.
Overall losses from world-wide natural disasters in 2017 totalled $330 billion dollars, up from $184 billion in 2016. While not all these disasters were climate-made, it is likely that climate change will increase the frequency and intensity of extreme weather events. In this session, ULI will share new research on how investment managers are beginning to factor climate risk into their investment strategy, as well as how they are working with owners, asset managers, insurers, and the public sector to build more resilient real estate portfolios. Further attention will be given to creative ways in which leading real estate developers are leveraging sustainability to unlock value in new and existing assets.
Although the global outlook remains healthy, growth momentum is slowing. Projections for North America, Europe and Asia to 2020 are trending downwards, reflecting ongoing trade tensions and climate concerns.
As the economies of the world wrestle with the political fallout of the global financial crash of 2008, Day two's opening keynote will focus on collaborative, sustainable and inclusive approaches to kickstarting an era of widespread international economic wellbeing. Former Senator Jeff Flake will consider pathways to progress and state the need for America to renew its commitment to decisive, rather than divisive, global leadership.
Summit partners, 100 Resilient Cities (100RC) defines urban resilience as ‘the capacity of individuals, communities, institutions, businesses and systems within a city to survive, adapt and grow no matter what kinds of chronic stresses and acute shocks they experience.’ This panel session will focus on proven approaches to building resilience infrastructure in cities.
With over half of their member cities having already completed resilience strategies, panellists will discuss structuring a resilience infrastructure fund to assess potential projects against both financial viability and resilience criteria. Participants will include 100RC network cities, 100RC’s infrastructure and finance partners, and members of 100RC’s technical project development teams.
Global energy demand, driven partly by rapid growth in developing markets, is set to rise by 40% against current levels over the next 20 years. With energy security threatened by geopolitical uncertainties, the challenge of accelerating flows of capital into energy innovations is pressing. To what extent do new technologies promise the democratisation of energy generation and provision, and how are the market’s established players responding?
With the global infrastructure funding gap to 2030 estimated at US$57tn, competition for investment is fierce. At the same time, rapid innovation in transport could render new and costly infrastructure projects obsolete before they can begin to return dividends.
With governments continuing to favour infrastructure renewal as a means of stimulating sustainable growth globally, this session will question how investors can prioritise public benefit without compromising on yields. Further consideration will be given to the potential of obsolete infrastructure to reverse the decline and disappearance of the urban public realm.
How will enhanced automation in valuation re-shape the CRE appraisal landscape over the next 3-10 years? Our panel of leading banking experts will discuss the pros and cons and the variables and risks in automating the valuation process.
Will predictive analytics shift the emphasis of valuation from current to future value? What does this mean for the next generation of professional appraisers, and how will that impact more complex real estate landscapes such as Manhattan?
As human behaviours and investment decisions are increasingly shaped by technology, how do we assure city leaders and their citizens that investments are made responsibly? Can algorithms ever be transparent and do they magnify human biases? Does their innate amorality in pursuit of optimisation lead to extreme actions? How can real estate investors effectively collaborate in the consistent and coherent regulation of crypto-currencies, to the benefit of the real estate investment community?
Conrad New York is set in the heart of Lower Manhattan and offers excellent transportation to and from New York’s three international airports. Enjoy easy access to all the best sights, attractions and activities that New York has to offer.
We look back at the best World Built Environment Forum Summit yet. Where innovators and global influencers arrive in one place to determine the future direction of the built environment.