In early October, RICS joined 800 professionals from 31 countries at the First World Congress of Valuation in Tijuana, Mexico.
The congress the was about the Challenges of Valuation before the Market Globalization. IVSC CEO Nick Talbot was joined by RICS representatives Ben Elder FRICS, Global Director of Valuation as keynote speakers. Ben is responsible for delivery of the RICS Global Valuation Strategy which has a key role to play in securing global financial stability through participation by RICS in the development and application of International Valuation Standards.
Valuation is key to a healthy economy since it helps stakeholders make decisions related to investment and builds transparency for better decision-making. Globally, this segment is getting more and more international. Money is invested all around the world without limitation of geographical boundaries but there is always risk. A good valuation that complies to international standards is the key to mitigating that risk and building confidence.
Participating in international events such as this First World Congress provides a global frame for gaining knowledge of best practices and helps those aspiring to global careers. International organizations such as IVSC (International Valuation Standards) and RICS provide training and networking opportunities for professionals all around the world wanting to gain expertise to play in the global arena.
The engagement and adoption of international standards by Pan-American associations raises the bar for investments in the region by providing benchmarks and aiding the identification of profitable real estate opportunities.
Head of Development, Latin America
Marcia Ferrari is an architect and an urban planner and has over 19 years of experience in real estate and construction.
She has worked for international companies such as Cushman & Wakefield and Hilti in Brazil. Marcia Ferrari has a post graduate degree in marketing from ESPM and a MBA in Business from BSP.