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19 DEC 2018

Professionalism through a single valuation standard

Chris Nicholl FRICS

Chris Nicholl FRICS

Managing Director – Southeast Asia, Australasia & Japan

Sydney, Australia

RICS

RICS and the Australian Property Institute ('API') are today announcing they will not be pursuing a formal alliance.

They are, however, reasserting a mutual commitment to raising the bar of professionalism in Australia.

This means RICS and API will continue to work towards core aspects of the original alliance framework albeit under a more flexible operating arrangement, ensuring more efficient and expedient delivery of services to members.

Both organisations will be working collaboratively to:

  1. establish RICS Red Book professional statement for valuation as the primary standard in Australia; and
  2. deliver local guidance for Red Book under a joint RICS-API 'local chapter'.

It also means that the operational gains achieved to date, such as mapping all qualification pathways between the organisations to enable direct entry membership for eligible members, can be put to use.

RICS is committed to supporting these objectives and looks forward to elevating the professional status of their members in Australia.

Chris Nicholl FRICS

Chris Nicholl FRICS

Managing Director – Southeast Asia, Australasia & Japan

Sydney, Australia

RICS

Chris is responsible for RICS in Southeast Asia, Australasia and Japan. He joined RICS in March 2018, bringing with him a wealth of property and real estate experience in Australasia and the wider Asia-Pacific region.

Prior to RICS, Chris held a number of executive and non-executive roles across the real estate industry.

He is committed to developing RICS as a convener for built-environment professionals, increasing the profile of RICS in the region, particularly through cities and ethics thought leadership.

Chris is a Fellow of RICS and sat on the RICS Oceania World Regional Board for several years.

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