Global Quarterly Performance Reports

October to December 2024 Q4 Report

This report covers RICS’ performance from October to December 2024.

Our programme of activities continued this quarter with more than 10,500 RICS members globally taking part in events between October and December. This is an increase of 45% from the previous quarter. A third of these were face-to-face and member-led.

We continued our Shaping the Future events across all four of the UK’s devolved nations. Plans to roll out these invaluable meetings internationally for 2025 are underway.

In October, we held our annual Hong Kong Awards. The event offered members in the region an opportunity to formally recognise their tireless commitment to professionalism, innovation and dedication to shaping the world for the better.

Download the Q4 2024 Report PDF

Candidates and Designations

113,231

number of professionals (with RICS designations)

28,875

number of candidates working towards a professional designation

2,378

new candidate enrolments

Financial update

By the end of 2024, financial outcomes aligned with our budgeted projections, resulting in an unaudited operating result of £1.6m. This was achieved despite pressure on commercial margins, thanks to savings on operating and project costs.

Strong cashflow management and positive investment returns throughout the year have resulted in an increase in total cash and investment reserves of approximately £1.1m over the course of the year, placing RICS in a strong position for 2025.

Key Highlights

RICS Awards and UK Matrics Surveyor Awards

Q4 saw Awards held included Southeast Asia, Hong Kong, South Asia, UK and the UK Matrics Surveyor. The awards attracted 1,428 attendees globally.

RICS Sustainability report 2024

The report uncovers trends and sentiment of 4,000 built and natural environment professionals in 32 countries across the world.

Disability Inclusion Framework

RICS launches Disability Inclusion Framework to improve inclusion for members and employees.

Survey of the profession

Our latest members’ surveys were held in June and November 2024. You can read the highlights from the survey here.

RICS at COP29

From 18-22 November, RICS participated at COP29 as a UN-accredited observer organisation to lead and influence critical discussions on sustainability.

Residential retrofit standard

This new standard came into force for members in the UK and is a framework for high quality retrofit advice, ensuring consistency, professionalism...

Publication of Red Book Global Standards, professional standard – global

We have updated the Red Book Global Standards as part of our commitment to support high standards in valuation delivery worldwide and future-proof practices in the public interest, with the direction of updates informed by extensive feedback from stakeholders.

Overview

The global quarterly performance reports are intended to give both employees and professionals a high-level overview of the organisation's operational performance at the end of each quarter.

For over a century and a half, our Charter has driven the surveying profession’s ultimate purpose to advance positive outcomes for the benefit of society. With our new vision for a sustainable, resilient, and inclusive natural and built environment, our strategy sets out the strategic goals that we will prioritise for the coming years. You can read more about it here.