Saudi Arabia (63rd) and Egypt (65th) moved up in the JLL and LaSalle Investment Management’s 2016 Global Real Estate Transparency Index (GRETI), to land in the ‘Semi-Transparent’ category, which is dominated by large emerging markets, including the Brazil, Russia, India and China. Dubai (48th) has retained its position as the most transparent real estate market in the MENA region, with Abu Dhabi (59th) following closely behind. Elsewhere in the Gulf, Bahrain was ranked 67th, Kuwait 73rd, Qatar 74th and Oman 89th out of 109 markets analysed. 10 countries are identified as ‘Highly Transparent’ under GRETI. These are: the UK, Australia, Canada, the US, France, New Zealand, the Netherlands, Ireland, Germany and Finland. (Arabian Business)
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