Personally I feel people and especially corporations/REITs do not have the right to hide what real estate they own. Sure put it in a trust, but the public has the right to know who controls it.
I have a friend who has someone who has repeatedly threatened to assault her, and her primary protection is keeping her address hidden from him. Should she never be allowed to own a house at risk of being assaulted?
Where do you stand on encryption? Do you feel like the "I have nothing to hide" argument has any merit? If you think people have the right to privacy, why should real estate be an exception? I personally find the fact that real estate ownership is public in the US to be quite bizarre.