International property sales see increase in transparency levels

Posted on August 27, 2012 · Posted in Uncategorized

 

Purchasing property internationally is getting safer according to recent reports and USA is at the very top of the list.

Glasswinged butterfly (Greta oto)

Glass butterfly, Image by Rene Mensen via Flickr

Transparency in global real estate markets is increasing with Central and East Europe improving and approaching the levels of Western European markets, a new index shows.

Recovering real estate markets have created new impetus for improvements in transparency following a slowdown in progress during the financial crisis of 2008 and 2009, according to the report from consultants Jones Lang LaSalle and LaSalle Investment Management.

Nearly 90% of markets have registered advances in real estate transparency during the past two years, driven by improving market fundamentals data and performance measurement, combined with better governance of listed vehicles.

The 2012 Jones Lang LaSalle index is published every two years and calculates transparency in 97 real estate markets worldwide by weighting 83 different factors, provides investors and corporate occupiers with data and analysis critical to transacting, owning and operating in global markets. The Index also assists governments and other industry organisations interested in improving transparency.

The United States ranks as the world’s most transparent real estate market in 2012, followed closely by the United Kingdom and Australia. Also in the highly transparent category are the Netherlands, New Zealand, Canada, France, Finland, Sweden and Switzerland.

The gap in transparency between Western Europe and some of the main Central European markets has been virtually eliminated as core CEE markets approach the mainstream….More at Transparency Improves in Global Property Market – NuWire Investor

Transparency is everything

Transparency is THE most important part of the Davenport ethos when selecting our overseas property investments and seeing increasing transparency levels in the global investment property market is a good step forward. 
 
luxury international property for sale
international property for sale