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 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.
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.
Tokyo industrial vacancy rate hits 3% for the first time in almost 3 years
New completions are driving vacancy rates up.
Osaka gross office rents slip 0.7% in Q1
Rents hit an average of JPY 23,057 per tsubo per month.
Tokyo office rents continue downward streak for eight consecutive quarter
Rents slipped 1.2% in Q1 2022.
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.