UKREiiF made a return to central Leeds this May and saw over 7,500 people descent on Leeds Dock to hear from more than 500 expert speakers across 20 stages
UKREiiF brought together the public sector, government, investors, developers and housebuilders to unlock sustainable, inclusive and transformational investment across the country.
A recent report from social economists at Loop have revealed that the event generated £2,259,358 in social value.
Speaking on the social value impact of the built environment event, Ethan Campbell, social value economist at Loop, said: “Where possible, the impacts in our analysis have been monetised with proxy values in order to demonstrate the scale of impact the event has had in more relatable terms. Our measurement framework is able to incorporate more than 800 different types of metrics – 90% of which can be monetised – covering the five key areas of employment, training and skills, supply chain, community and charity, and environmental.
“Not only is the event bringing together the parties who will together make a difference to the future of the built environment and economy, it’s creating positive impact for the Leeds area and its communities now.”
Facilitating positive regeneration across the built environment
Nathan Spencer, director at UKREiiF, added: “We’re incredibly pleased that as the event grew in its second year, the positive impacts created also increased, with the proxy monetary values more than doubling.
“Since the outset of creating UKREiiF, we were clear that it was intended to be a platform for change. Its aim is to facilitate positive regeneration and development across the whole country, aligning with the government’s levelling up agenda – but crucially doing this in a way that maintains a focus on sustainability and generating positive impact for communities.”
