Japan, SG and HK top Asian markets in Global Real Estate Transparency Index
Japan ranked 12th most transparent market globally.
Japan, Singapore and Hong Kong are the top three Asian markets in JLL's Global Real Estate Transparency Index 2022.
Globally, they ranked 12th, 14th and 16th respectively.
The Global Real Estate Transparency Index categorises and ranks markets based on six indices: investment performance, market fundamentals, listed vehicles, regulatory and legal, transaction processes, and sustainability.
JLL Asia Pacific CEO Anthony Couse said better transparency promotes investor interest and boosts tenant confidence in the Asia Pacific region.
“As a result, we expect to see more capital deployed into those markets that can demonstrate consistent efforts to make accurate data available, enforce legal protections for property ownership, and enhance the regulatory environment to facilitate the transactions," said Couse.