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Australia lost its number 1 ranking in the Global Real Estate Transparency Index from Jones Lang LaSalle Investment Management to Canada this year.
The index which rates commercial property markets on their application of laws and regulations, availability of market intelligence and ethical standards is considered to be an important consideration for international investors.
The top four countries for real estate transparency are now Canada, Australia, the United States of America and New Zealand.
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Published 30-06-08
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