Global real estate transparency index – Key findings

UK and US maintain to keep the top positions in phrases of actual estate marketplace transparency global. JLL’s 2022 Global Real Estate Transparency Index suggests that transparency is persevering with to improve across maximum countries and territories. The Global Real Estate Transparency Index (GRETI), produced at the same time by JLL and LaSalle Investment Management, has been charting the evolution of real estate transparency throughout the globe.

Global real estate transparency index – Key findings (Image by TFE)

GRETI is an essential manual for move-border traders, builders and occupiers of actual estate as well as authorities and enterprise our bodies searching out international benchmarks. During these times of heightened uncertainty, transparency is more important than ever as the foundation which permits actual property occupiers, investors and lenders to perform and make selections with self assurance.

The 2022 Index famous a widening transparency hole between the maximum transparent international locations and the rest. The distinctly transparent markets are forging beforehand at the returned of era adoption, climate action, capital markets diversification and regulatory change. Meanwhile, many other markets are treading water, even regressing, or in some cases, unluckily disappearing off the radar.

The top ranks remain held by way of the Anglophone international locations, with the United Kingdom and U.S. Taking the first and 2d positions.

European markets have made the most progress on common due to the fact that 2020 and now account for six of the twelve ‘Highly Transparent’ international locations.

Japan additionally joins the pinnacle tier for the first time, boosted by projects to beautify climate chance reporting and meet sustainability goals in addition to upgrades in data availability, specially for opportunity sectors like life sciences, self-garage and senior housing.Elsewhere, the UAE markets of Dubai and Abu Dhabi are the top international improvers in 2022, benefitting from a concerted authorities cognizance on growing marketplace transparency. These modifications have helped to push Dubai into the ‘Transparent’ category for the first time.

The 2022 Index covers a extensive variety of topics that determine how obvious a actual property marketplace is, from investment performance benchmarks and marketplace statistics to transaction tactics and sustainability metrics. The 2022 edition covers 156 cities in ninety four international locations and territories, supplying a uniquely international photograph of real property transparency.

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