%0 Generic %D 2018 %T Aanalysis of global real estate transparency dynamics and lingakes %A Newell, Graeme %A Jufri Marzuki %A Robin Goodchild %A Jeremy Kelly %K Developed And Emerging Markets %K Dynamics And Linkages %K Jll %K Real Estate Market Transparency %K Real Estate Market Transparency Sub-indices %X

Improved real estate transparency is fundamental to successful strategic decision-making in the real estate investment sector. Using the JLL global real estate transparency index, countries are classified as high transparency, transparent, semi-transparent, low transparency and opaque. As well as the composite real estate transparency measure, the five real estate transparency sub-indices for investment performance measurement, market fundamentals, governance of listed vehicles, regulatory/legal and the transaction process are also produced. This paper assesses the dynamics, linkages and changes in these real estate market transparency sub-indices for 109 real estate markets over 2004-2016, comprising 88 emerging markets and 21 developed markets. This is also assessed in a regional and global real estate market context. Differences in these real estate transparency sub-indices between the emerging and developed markets are also highlighted. The ongoing real estate investment implications are also identified.

%B 25th Annual European Real Estate Society Conference %S ERES: Conference %C Reading, UK %G eng %! Conference: 2018 %& Real Estate Finance and Investment %R 10.15396/eres2018_5