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Corporate Governance update

4 NOV 2019

Annual review 2018-19: Chris Brooke looks back

Chris-Brooke-RICS

Chris Brooke FRICS

RICS President

Hong Kong

This year, millions more people in search of better lives have crowded into cities. This trend is gathering speed, and the impact of this continued urbanisation activity is stretching the limits of the natural environment. By most accounts this expansion of urban living has tipped the climate into a critical new phase of emergency.

At the same time, new technologies and enhanced infrastructure provision, via approaches such as the Belt and Road Initiative, have started to connect cities and their populations in a manner not seen previously. All the while, major and longstanding trade relationships between East and West are under pressure from new geopolitical alignments.

Each of these developments is potentially daunting in terms of the implications upon the built and natural environment. Yet they also present a compelling opportunity for RICS and the profession to take a leadership position, thereby highlighting our value to both clients and society by demonstrating that we are delivering a foundation for confident markets, pioneering better environments, and representing a global force for positive social impact.

We can do this because we develop respected global standards, are committed to professional progression and are guided by the latest data and insight.

During my term as President, I have been very pleased to see RICS professionals living and breathing these principles; many of us are now working across three key areas to achieve this goal.

Chris Brooke
Chris Brooke

Looking back on 2018/19

Firstly, I have seen our profession continue to embrace the latest technologies to improve outcomes for clients. This is giving us a glimpse into the future of how we will pioneer better places for people. As we continue upon this path of innovation, our adoption and development of these technologies will deliver trusted and consistent data to enhance decision-making. Embracing new technology as part of the core of our business models will allow us to continue to deliver confidence for decades to come.

Secondly, we have been doing much more to help our clients deploy capital towards projects that ensure sustainable outcomes. By focusing upon driving the global adoption of RICS standards, this allows RICS to provide the foundation for confident investment, trade and economies as the world faces the great ecological challenge of our time. I have no doubt that our profession will champion this drive for sustainability throughout the built and natural environment

Finally, to fulfil these ambitions, we have been working to attract the brightest talent from the broadest reaches of our societies to enter our practices and challenge our conventions. This, I believe, is the real catalyst, which will transform the built and natural environment and bring sustainable and positive outcomes to the communities that we serve.

Overall, I have been very encouraged to see that our profession is preparing for the future. Through ongoing adaptation to change I believe that we will continue to succeed as a profession. Yet we all have a responsibility to be part of this change – by being agents of progress – and I am excited to be part of a global professional body that has both the ambition and the ability to play a key role in the built and natural environment of the future.

Chris-Brooke-RICS

Chris Brooke FRICS

RICS President

Hong Kong

Chris is the Co-Founder of Brooke Husband Limited, a consulting firm based in Hong Kong which provides strategic market insight, development consulting and investment advisory services to real estate owners, developers and investors throughout the Asia Pacific region.

Chris is also an Independent Non-Executive Director of Link Asset Management Limited, the manager of Link Real Estate Investment Trust.

Chris has 28 years of experience in various fields of the property industry, including 12 years with CBRE during which he held senior management roles in both China and Asia, as well as overseeing consulting activities throughout Asia Pacific.

Chris was previously the Chair of the RICS Asia Pacific World Regional Board, and was RICS Senior Vice President from June 2016 to November 2017.

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