Increases in Transparency Slow Globally but Majority of Markets Still Register Improvements According to Jones Lang LaSalle
29.06.2010Company: Amcham
Australia is World’s Most Transparent Real Estate Market; Czech Republic ranks 24th
Jones Lang LaSalle and LaSalle Investment Management have today released their 2010 Commercial Real Estate Transparency Index, which shows that Australia is the world’s most transparent real estate market in 2010, pushing Canada into second place. Whilst one third of markets globally registered no change or a deterioration, there are a number of bright spots, and real estate transparency continues to improve, albeit moderately, in the majority of markets.
Of the top 15 improvers, nine are in Europe and six are in Asia Pacific. Turkey tops the league table of transparency improvers, and progress has been made in China, India, Poland, Portugal, Romania, Greece and Hungary. The Czech Republic remained stable in its 24th position, while Slovakia ranked 30th, moving up by one rank. Declines in transparency were registered in countries such as Pakistan, Kuwait, Venezuela, Dubai and Bahrain; although the level of decline was modest in these countries, the reversal of past gains is notable. Over the past two years, the average improvement in real estate transparency across the 81 markets covered by the Index has halved, when compared to both the 2006–2008 and 2004–2006 periods.
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Česká verze ZDE.
