Real estate markets are not as transparent as they could be. Industry professionals are seeking a change. The Global Real Estate Transparency Index helps developers, investors, and corporations analyze real estate environments. It quantifies data based on 139 variables. Analyzed data can be categorized as follows
- performance measurements
- data availability
- transaction processing
- corporate governance
- regulatory
- lega
Increasing transparency is cited as a top priority.
Problems Caused by a Lack of Transparency
Investors do not want to operate in countries where real estate dealings are opaque. This hesitation is not limited to investors. Tenants also choose to stay away from these countries. Living standards directly suffer because of this insufficient transparency.
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