savills japan

Savills Japan

Tokyo Grade A office vacancy rate hits 8-year high in Q3

The vacancy rate rose 1.1ppts to 4.1%, the highest since 2014.

Tokyo Grade A office vacancy rate hits 8-year high in Q3

The vacancy rate rose 1.1ppts to 4.1%, the highest since 2014.

Ultra luxury residential projects to watch out for in Japan

A project slated for 2023 is expected to house a unit worth around USD160m.

Japanese logistics rents up 14.5% since 2010

3PL and e-commerce industries are strong demand drivers.

Japan’s logistics sector showing signs of overheating

Cap rates have compressed significantly over the past few months.

Why you don’t see a lot of luxury hotels in Japan 

They have high-end ryokans and inns instead, which are luxurious in their own right.

How Japan’s regional office markets dodged the crippling effects of the pandemic

One of the reasons is the limited proliferation of remote work. 

Osaka’s new office space supply this year to hit record highs since 2013

There will be over 40,000 tsubo of Net Rentable Area to be added in 2022.

Tokyo Grade A office rents decline 7.6% YoY in Q4

The vacancy rate also increased 1.8ppts to 2.8%.

Tokyo Grade B office buildings to perform well in 2022

They are expected to stabilise earlier than their Grade A counterparts.

What Tokyo’s 'worrying' demographic trends mean for the residential property market

The population has decreased by over 85,000 people from May 2020. 

Tokyo multifamily asking rents slip 0.9% for full-year 2021

Asking rents marginally increased by 0.9% in Q4 2021.

Is there a looming supply glut in Japan’s logistics property sector?

Supply will hit record highs of over 5m sqm this year, with more supply slated until 2023.

Fukuoka’s residential market unfazed by the pandemic

Occupancy rates in the city have consistently been above 96%.

Why Tokyo’s retail property market is still mired in uncertainty

The slight increase in rents was only due to listings of previously unavailable prime locations.

Nagoya’s residential market underpinned by these demographic trends

Average rents grew by 9% in Q3 2021, higher than the lowest level over the past five years.

How are retail rents faring in Tokyo’s regional cities?

Average rents increased 9% to JPY26,350 per tsubo in H1 2021.