Maximising Social Value in the Real Estate Sector
The real estate sector is essential to society and, like social value, it is all about people, communities, connectivity and inclusion. In 2019 UK Government data showed that the industry directly employs over 2.4 million people and contributes £117bn to the UK economy. That represents 6% of total economic output and generates one million jobs a year. As such, the potential for social value generation is significant and conservatively could create additional value of over £30bn per year.
There are opportunities throughout the lifecycle of a development, from design and planning through to construction and occupation, to create social value and ensure there are long-lasting benefits generated for local people and communities as well as investors and owners. The team at SVP has a wealth of experience supporting organisations to maximise social, economic and environmental value at each stage.