CAPE TOWN - The latest Global Real Estate and Transparency Index (GRETI) has shown an improvement for 10 of 15 African countries, led by Nigeria and Kenya, an industry expert has said.
The index by financial and professional services firm JLL has over the past two decades become established as the leading industry benchmark for assessing market transparency.
London-based JLL official Jeremy Kelly will present the African chapter of the GRETI to 600 of the continent's leading real estate developers and investors at the 9th annual API Summit & Expo in Johannesburg on September 20-21.
"Our aim at the summit will be to draw attention to the importance of real estate transparency, not only in boosting investment, but also enhancing business efficiencies, raising living standards and safeguarding the environment," said Kelly.
Recognised as a global thought leader and advocate for transparency and data across global real estate markets, Kelly will lead discussions on the importance of data and transparency which are vital in establishing market health and making better decisions.