Japan
Tokyo residential occupancy rate hits 96.4% in Q3
Tokyo residential occupancy rate hits 96.4% in Q3
It’s still below pre-pandemic levels but the occupancy rates are set to remain stable.
Regional residential markets in Japan attracting more investment activity
Here are the recent landmark transactions in regional markets.
Tokyo residential rents inch up 1.7% in Q3
And average asking rents in the C5W submarket rose 1.5%.
Tokyo retail rents rise for the first time in nine quarters
Rents inched up 1.1% in Q2 2022.
Tokyo industrial vacancy rises to 4% for the first time in over 3 years
Total stock increased 3% in Q2.
These are the latest additions to Greater Tokyo’s logistics supply
Nearly 1.7m sqm of new space was introduced in H1 2022.
Tokyo office vacancy rate rises for the first time in two quarters
It increased 40bps to 3.4% in Q2.
Osaka gross office rents down 0.7% in Q2
Rents averaged JPY 22,885 per tsubo per month.
Greater Tokyo industrial asking rents up 4.7% in Q2
The vacancy rate also rose to 3.1% in the same period.
What was the largest industrial investment deal in Japan so far this year?
It was an acquisition of 105,00sqm of land in Osaka for around USD417m.
Why Fukuoka is set to be a promising logistics market in Japan
Rents in some areas in the city rose by over 30% since 2018.
Shinjuku records the largest annual office rent decline in Tokyo
Rents declined 3.3% in Q2.
Guess which area in Tokyo has the lowest office vacancy rate
Its vacancy rate contracted 0.1ppts to 1.5% in Q2.
Why Japanese properties are more favourable to foreign buyers
Investors from US and Europe have a pricing advantage over domestic buyers.
Tokyo office rental decline to reach an equilibrium soon: Savills
Grade A office rents declined 1.4% in Q2.
Tokyo Grade B office rents down 2.1% in Q2
Chiyoda recorded the largest decline of 3% amongst all submarkets.
Tokyo CBD’s flex space stock now at 417,490sqm
The supply has increased two-fold since the pandemic started.