Japan

Tokyo condo prices reach new highs in 2025

C5W leads 20% surge in new condo prices across Central Tokyo.

Larger apartments lead rental growth in Central Tokyo as flex work persists

Units spanning 45–60 sqm saw the strongest rental growth of 2.8% in Q4.

Tokyo mid-market residential rents up 7.1% in 2025

Thanks to growth across nearly all wards.

Central Tokyo residential rents outpace average as C5W premium widens to 21.7% in Q4

Higher wage growth amongst skilled professionals is driving rental growth in Central wards.

Tokyo’s bayfront office market rebounds as demand spills over from core districts

The limited availability of large floor plates in the core areas is driving strong absorption in the bay areas.

Tokyo Grade A office rents up 10.7% in Q4

All five core wards recorded rental growth over the quarter.

Japan office market sees robust investment and rental growth amidst tight supply

Investments hit JPY2.1 trillion in the first three quarters of 2025.

Tokyo’s condo market to stay resilient amidst tight supply

Spillover demand lifts residential outlook beyond Central Tokyo.

Sapporo to see 13,000 tsubo of new office space in 2026

This is after a wave of new completions in the second half of 2025.

Osaka office market set to tighten amidst supply crunch

New supply is expected to be a mere 10,000 tsubo in 2026.

Osaka investment-grade office rents rise 9.5% in H2 2025

Rents for premium spaces reached record highs.

Japan’s regional offices set for continued rental growth in 2026

Tight vacancies and pre-leasing momentum signal a strong year ahead. 

Osaka leads Japan’s regional office boom with 2.6% rental growth

All regional office markets recorded rent increases during the second half of 2025.