Japan

Here’s what to expect from regional Japanese office markets this year

Osaka will be in focus as massive amounts of supply are slated for completion.

Tokyo’s limited 2024 supply forecast to help stabilise the office market

The pipeline for this year is only a third of the 2023 level.

Tokyo Grade B office rents inch up 0.5% in Q4

Shibuya and Shinjuku saw the largest quarterly rise.

What were the two notable hotel openings in Tokyo in Q3?

The new hotels brought supply to over 22,000 keys as of September.

Osaka office rents decline by 2.9% in Q3

There is significant supply expected by next year, causing rents to trend lower.

Tokyo’s 2023 new office supply expected to reach record levels

It’s set to be the second largest supply volume according to JLL data. 

Tokyo prime retail rents rise by 13.5% in Q3

Ground floor rents drove the growth during the quarter.

Tokyo tenant relocation trends: Everything you need to know

Majority of the relocations are office consolidations.

Here’s what to expect from Tokyo’s office market for the rest of 2023

Analysts expect its present stable trajectory to continue.

Tokyo Grade A office rents inch up 0.1% in Q3

And average vacancy rates slightly softened to 3.4%.

Guess which area has the highest Grade B office vacancy rate in Tokyo

The vacancy rate was at 8.2% in Q3, and has been consistently high since the pandemic.