Archetech Issue 46 2020 | Page 18

INTERNATIONAL DEMAND FOR UK ARCHITECTURE EXPERTISE SOARS: RIBA PUBLISHES 2019 BUSINESS TRENDS REPORT : The Royal Institute of British Architects (RIBA) published its annual summary of business trends in architecture and construction sectors on 3 December 2019. The RIBA’s annual Business Benchmarking report tracks UK architects’ turnover and salaries, and identifies global growth areas for the export of UK architecture expertise. Drawn from data provided by RIBA’s Chartered Practices, the Business Benchmarking Survey has been conducted since 2012, providing a record of trends over time. This year’s report shows a resilient architectural profession directly contributing £3.6 billion to the UK economy and flourishing overseas. Key trends revealed in the 2019 RIBA Business Benchmarking report include: revenues are up by 13% in the last 12 months, and have more than doubled cumulatively since 2012 the overall value of international (non-UK) work has increased since 2018 by 22% to £625m 3 years after the UK’s referendum on leaving the EU, the value of revenue from work in the EU is now the highest it has ever been, growing by 73% since 2015. The EU is the most important source of international work for small and medium- sized architecture practices 3 out of every 4 pounds earned from outside the UK goes to larger practices (100+ staff) Asia is the most valuable source of work outside of the UK for Chartered Practices overall, accounting for 28%, and is the fastest growing source of international revenue, growing from £77 million to £177 million worth of work since 2015 work from projects in the Middle East has risen to £131 million, from £104 million last year Since the survey in 2012, the number of RIBA Chartered Practices has increased from approximately 3000 to 3600, and revenue has more than doubled to £3.6 billion (from £1.6 billion). RIBA CEO, Alan Vallance, said: “The 2019 RIBA Business Benchmarking report illustrates unabated demand for UK architects internationally. Significant increases in work in Asia, the Middle East and Europe clearly indicate the value of British expertise, and the importance of further developing relationships in these growing markets. For practices relying solely on UK income, political uncertainty is a continuing worry. Whoever forms the next government must set out a comprehensive vision that enables the architecture profession to continue to thrive in the EU and beyond. “As a global professional body, the RIBA sets standards and drives excellence in architecture all over the world. We assist architects, wherever they live or work, and are expanding our international network to be able to provide even more tailored support in important markets, including China and the Middle East.” RIBA HONORARY FELLOWSHIPS 2020 ANNOUNCED The Royal Institute of British Architects (RIBA) has announced the 2020 RIBA Honorary Fellowships, which will be awarded to individuals from diverse backgrounds, including property, infrastructure, arts and architectural design. Clockwise from top left: Pam Alexander OBE, Professor Yolande Barnes, Jude Kelly CBE, Sadie Morgan, Morag Myerscough RIBA Honorary Fellowships are awarded annually to people who are not architects but have made a significant contribution to architecture. This includes individuals who have advanced its role in creating more sustainable communities; those involved in its promotion and management, and those who nurture the interests of future generations. Professor Yolande Barnes - Professor of Real Estate and Chair at the Bartlett Real Estate Institute at UCL Jude Kelly CBE – In 2018 Jude established The WOW Foundation, an independent charity dedicated to building the WOW movement as a force for positive change Sadie Morgan – A founding director of the RIBA Stirling Prize winning architecture practice dRMM, Board Member at Homes England and Commissioner at the National Infrastructure Commission Morag Myerscough – Founder of Studio Myerscough and of collective Supergrouplondon The 2020 RIBA Honorary Fellowships will be awarded to: The lifetime honour allows recipients to use the initials Hon FRIBA after their name. Pam Alexander OBE – Chair of Commonplace Digital Ltd, Ambassador on the London Mayor’s Cultural Leadership Group and Board Member of the London Legacy Development Corporation and Connected Places Catapult The 2020 RIBA Honorary Fellowships will be presented at a special event at the RIBA in London in February 2020.