Japan

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 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.

Here's what to expect from Japan’s data centre market 

The market size could exceed USD14.5b by 2024.

Tokyo retail rental decline slows down in Q1

Rents slipped for the eighth consecutive quarter to reach JPY 73,233 per tsubo per month in Q1. 

Osaka gross office rents slip 0.7% in Q1

Rents hit an average of JPY 23,057 per tsubo per month.

Why Japan’s fringe locations are drawing multifamily investors’ attention

One such location is Yokohama, just 30 minutes away from Central Tokyo.

Office vacancy trends in Tokyo’s major office markets

Vacancy is at a low 1.9% in Otemachi/Marunouchi where many domestic companies are headquartered.

Ginza retail rents hit highest levels since the pandemic began

Rents increased 11.8% in the second half of 2021.

Retail rents in Japan's regional cities up 12.5% in 2H21

This is the highest level seen during the pandemic so far.

How Japan’s retail property investment market is faring recently

Headwinds are still present but some investors are bullish about the sector’s recovery.

Office spaces in Japan could be replaced by ultra luxury condos: Savills 

Selling some office floors as luxury condos instead appears to be more lucrative.