Published:
Japan’s office market to struggle with tight supply-demand dynamics through the year
Almost all of the new supply was completed during H1 2025.
In a recent report, Colliers noted that Japan's office markets have achieved exceptionally low vacancy rates following robust tenant demand over the past years, establishing a distinctly landlord-favourable environment.
“With nearly 90% of 2025's new supply completed during the first half, tight supply-demand dynamics are anticipated to persist through year-end. Whilst the pace of vacancy rate compression is expected to moderate, current vacancy levels support continued rental growth,” the report said.
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