JLL and LaSalle have published the latest edition of the Global Real Estate Transparency Index – GRETI. As emphasized by the authors of the report, although there is a greater emphasis on corporate social responsibility and the use of new technologies, we are currently facing the slowest rate of transparency improvement since the period directly following the Global Financial Crisis.

The CEE investment market continues to perform well in 2018 but investors are becoming increasingly cautious, driven by rising interest rates and the changing attractiveness of certain asset classes. Mike Atwell, Head of Capital Markets Czech Republic and Lead Director CEE at JLL talked to Property Forum about investor sentiment, financing and transparency.

JLL and LaSalle Investment Management published the latest edition of the Global Real Estate Transparency Index - GRETI. The world's most transparent markets include the United Kingdom, Australia, the United States, France, Canada, the Netherlands, New Zealand, Germany, Ireland, Sweden and Finland.

Governments worldwide have been gradually forging greater transparency in real estate markets, addressing growing demands from investors and the public to deliver significant change. JLL’s Global Real Estate Transparency Index reports slow but steady progress driven by increased regulations and new technology.

Greater transparency and continuous training pave the way for higher professional standards on the real estate market. More than 100 professionals, from all over Austria and Central & Eastern Europe gathered in Vienna last week to discuss new directions in the profession at the latest RICS event. 

Two-thirds of real estate markets globally have shown progress in levels of transparency over the past two years, according to JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (GRETI). The ten countries identified as “Highly Transparent” by GRETI account for 75 percent of global investments into commercial real estate, highlighting the extent to which market transparency drives real estate investment decisions. Poland registered an excellent result in this year’s index and stands just outside the top ten, while other countries in the CEE region have also improved their results.