TOKYO -- Japan climbed to 11th place in real estate services company's Jones Lang LaSalle's transparency index released Thursday, the best in Asia, with a particularly strong showing on sustainability.
The ratings are based on factors including availability of data on market fundamentals such as rents and vacancy rates, transaction transparency, and promotion of environmentally friendly construction. Besides Japan, which moved up a rank from the previous report in 2022, Singapore placed 13th and entered the "highly transparent" group for the first time.
