PwC Malta has worked in conjunction with JLL and Archi+, to include Malta in JLL’s Global Real Estate Transparency Index (GRETI) for the first time. Through the GRETI, JLL has been mapping the evolution of real estate transparency across the globe since 1999. The 2022 JLL GRETI features 94 participant countries and territories. The JLL GRETI is based on a combination of quantitative market data and survey results. The Index scores property markets on a one (Highly Transparent) to five (Opaque) transparency scale.
Transparency within the real estate market leads to increases in business efficiency, competitiveness, flexibility and investor confidence. It also facilitates the achievement of the country’s macroeconomic goals, through increased productivity, continued foreign direct investment, as well as improved policy development and long-term real estate planning.