The world’s property markets are becoming more transparent according Jones Lang LaSalle’s latest Transparency Index.
The global real estate services firm reported that almost 90 percent of the countries surveyed revealed greater transparency within their property sector over the last two years.
The index, which rates the ease and safety of buying properties across the globe, named the United States as the most transparent market. The top of the list is made up of traditional established markets with the United Kingdom, Australia, the Netherlands, and New Zealand making up the rest of the top five. Canada, France, Finland, Switzerland and Sweden are also named “highly transparent” markets.
But emerging markets are catching up fast with a number, including Romania, Croatia and Indonesia, placing much higher than in recent years. Mexico and Brazil were singled out as locations that have improved their performance significantly over the past two years, while Turkey was named as the country that has made the greatest strides in improving the transparency of its real estate sector.
According to the report more still needs to be done within the real estate markets in the Middle East, Africa, and Latin America. Although Craig Plumb, head of Jones Lang LaSalle Middle East and North Africa, believes that big changes will be seen in the Middle East in the near future. He claimed that policymakers in the region are starting to take note that greater transparency leads to greater overseas investment and a larger number of multinational companies moving into the market. Watch this space to see how the Middle East real estate market changes over the coming year.
For more information on the transparency of the world’s real estate markets make sure you don’t miss out on the chance to mix with the movers and shakers of the global property and construction industries atMIPIM 2014. If you’re after the best hotel rooms, rented apartments and even luxury, private yachts in Cannes look to EAS for all your accommodation needs. We can also help you with restaurant bookings, nightly entertainment and will organise all your transportation requirements. Click on this link to fill in our request form.
The global real estate services firm reported that almost 90 percent of the countries surveyed revealed greater transparency within their property sector over the last two years.
The index, which rates the ease and safety of buying properties across the globe, named the United States as the most transparent market. The top of the list is made up of traditional established markets with the United Kingdom, Australia, the Netherlands, and New Zealand making up the rest of the top five. Canada, France, Finland, Switzerland and Sweden are also named “highly transparent” markets.
But emerging markets are catching up fast with a number, including Romania, Croatia and Indonesia, placing much higher than in recent years. Mexico and Brazil were singled out as locations that have improved their performance significantly over the past two years, while Turkey was named as the country that has made the greatest strides in improving the transparency of its real estate sector.
According to the report more still needs to be done within the real estate markets in the Middle East, Africa, and Latin America. Although Craig Plumb, head of Jones Lang LaSalle Middle East and North Africa, believes that big changes will be seen in the Middle East in the near future. He claimed that policymakers in the region are starting to take note that greater transparency leads to greater overseas investment and a larger number of multinational companies moving into the market. Watch this space to see how the Middle East real estate market changes over the coming year.
For more information on the transparency of the world’s real estate markets make sure you don’t miss out on the chance to mix with the movers and shakers of the global property and construction industries atMIPIM 2014. If you’re after the best hotel rooms, rented apartments and even luxury, private yachts in Cannes look to EAS for all your accommodation needs. We can also help you with restaurant bookings, nightly entertainment and will organise all your transportation requirements. Click on this link to fill in our request form.
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