savills japan

Savills Japan

Tokyo retail prospects remain grim as high vacancy rates persist

Out of all the regional markets, Sapporo is in the worst position.

Tokyo retail prospects remain grim as high vacancy rates persist

Out of all the regional markets, Sapporo is in the worst position.

Intriguing population dynamics at play in Central Tokyo’s residential market

More younger families are leaving Central Tokyo for neighbouring prefectures.  

Tokyo residential rents at a record low since 2018

Average multifamily asking rents dropped 3.6% over the year. 

Tokyo residential occupancy rates on par with 2015 levels

Occupancy rates increased 0.2ppts to 95.6% in Q3 2021.