TOKYO — Japan climbed to 11th place in real estate services company Jones Lang LaSalle’s transparency index released Thursday, the best in Asia, with a particularly strong indicator of sustainability.
The ratings are based on factors including the availability of data on market fundamentals such as rents and vacancy rates, transparency of transactions and support for environmentally friendly construction. Alongside Japan, which moved up a notch in 2022, Singapore ranked 13th and entered the “highly transparent” group for the first time.