Home Morocco Morocco ranks 59th globally for real estate transparency, leading in the Maghreb

Morocco ranks 59th globally for real estate transparency, leading in the Maghreb

Morocco has made notable strides in global real estate transparency, securing the 59th position worldwide in the latest 2024 index published by JLL, a renowned American firm specializing in corporate real estate advisory services. This ranking reflects Morocco’s ongoing efforts to improve the clarity and accessibility of information in its real estate sector.

With a transparency score of 3.55, Morocco not only holds an impressive global position but also ranks first in the Maghreb, ahead of its regional neighbors. This achievement underscores the country’s commitment to bolstering investor confidence and enhancing the business environment, particularly in the crucial real estate market. It is part of a broader strategy aimed at strengthening transparency and economic governance across the nation.

In contrast, countries like Algeria, Tunisia, Lebanon, and Iraq are classified as “opaque,” indicating very low levels of transparency in their real estate sectors. These nations face significant challenges, particularly regarding regulation, access to information, and legal security for investors.

The 13th edition of JLL’s transparency index evaluates 256 individual indicators across 89 countries and territories, including 151 cities. The ranking serves as a critical guide for companies operating in foreign markets, assessing real estate transparency based on investment performance, market data, transaction processes, and sustainability efforts.

The report highlights improvements in transparency for countries like the United States, Canada, France, and Australia, while Singapore has entered the “Highly Transparent” category for the first time, driven by a focus on sustainability and digital services.

 

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