Home Recent News Turkey Makes the Biggest Leap in Real Estate

Turkey Makes the Biggest Leap in Real Estate

Jones Lang Lasalle
Nova Property

According to the index announced by the International Real Estate agency Jones Lang LaSalle once in every two years, Turkey has made the biggest leap in the area of transparency in real estate in 2012.

Jones Lang Lasalle Turkey Real Estate Index

In the top ranks of the JLL world listing, there are countries such as USA, England, Australia and the Netherlands, as would be expected. Poland, Brazil, Hungary, Czech Republic, Malaysia, Hong Kong and South Africa have managed to be included in the ‘transparency’ list dominated by the western countries. The JLL index marks countries over 83 criteria. As a consequence, countries get scores between 1 meaning ‘completely transparent’ and 5 meaning ‘not transparent at all’. Turkey, making the biggest leap in 2012, has managed to earn more than half a point and increased to 2.61 points, and thus has become very close to being ‘transparent’.