Socius director Olaide Oboh, recently joined Savills Earth’s new director of social value Wesley Ankrah to tell Montfort Real Estate’s Andrew Teacher the big, bold moves we need to make to ensure we’re maximising social impact to the local communities we work in.
Featured on Property Week, PropCast: The Property Podcast discusses how developers could play a critical role in supporting culture and youth development. Olaide explains: “Real estate is about people. We’ve got to tell people’s stories, as people buy into stories and understand stories much better.”
“Local authorities should be holding developers much more accountable on social value”, Oboh continues, to ensure councils are getting as much social value as possible and avoid developers ‘social washing’. “Most of us are willing to pay more because it’s aligned with our values and we’re making a long-term decision rather than a short-term profit decision. As Socius do, we balance profit with purpose.”
Read more at Property Week and listen to the podcast for more.