Australia the Transparent Country
Australia remains the most transparent country in the world in terms of real estate investment, while Japan and India have improved transparency considerably over the last two years, according to Jones Lang LaSalle's 2006 Real Estate Transparency Index.
Australia set the world standard for transparent and sophisticated real estate markets and over the last two years we have seen significant improvements in many other parts of the globe.
Overall 14 countries of the 56 have moved up a full tier and none have moved down," says Jones Lang LaSalle's Head of Research and Consulting, Kathryn Matthews, "We are seeing more rapid improvement due to higher securitisation levels and higher cross-border flows around the globe with Australia way ahead of the rest"
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