Another insightful article from Aviva Investors about the evolution of our cities. It's a reasonably long read, but it's the final section that really intrigued me from a valuation perspective.

How do real estate investors and placemakers capture or quantify the social 'value' of the built environment?

Is it through job creation? The regenerative impact of a scheme? The environmental credentials of a building?

A complex issue that valuers need to navigate as these considerations grow in importance...