Japan

Major office moves support rental growth across Tokyo's central five wards

Corporate relocations reinforce demand for Tokyo Grade A offices.

Fukuoka leads regional Japan retail rent growth amidst strong inbound tourism

Osaka, Nagoya and Fukuoka drive divergent trends in the regional Japan retail market.

Tokyo retail rents rise as vacancy remains near zero in prime corridors

Ginza and Omotesando lead Tokyo retail performance amidst scarce availability.

Robust occupier demand lifts Tokyo Q1 office absorption

Absorption increased to 69,000 tsubo during the quarter.

Osaka Grade A office rents to rise 10% this year

And vacancy is expected to fall to 2% by year-end.

Tokyo luxury hotel pipeline strengthens with multiple openings through 2029

Pullman Tokyo Ginza and Waldorf Astoria Tokyo will open in 2027.

Tokyo residential occupancy rate increases to 96.8% in Q1

This represents an increase of 0.6 percentage points from the previous quarter.

Q1 migration trends boost demand in Tokyo’s affordable suburbs

Over 3,000 people relocated to areas outside central Tokyo in Q1, up 62%.

Tokyo residential rents rise 3.3% as outer wards lead growth

Central Tokyo rents grew for the 11th consecutive quarter in Q1.

Tokyo office supply expected to dip below 2025 levels in 2026

Tight vacancy and limited supply will support the city’s office rental momentum.