Japan
Japanese office rents in regional cities faring better than in Tokyo
Japanese office rents in regional cities faring better than in Tokyo
Rents in Tokyo dropped 6.5% while Osaka and Nagoya recorded only 2.2% and 0.6% declines, respectively.
Why it’s not all doom and gloom for Tokyo’s residential market
Leasing demand is expected to get a boost as prices of for-sale condos increase.
This region will be a major player in Tokyo’s office market
The area attracts tech giants such as Microsoft, Samsung, and Amazon.
Tokyo Grade A office rents down 1.7% in Q2 as secondary vacancies emerge
Demand from big firms declined as more employees work remotely.
Misplaced optimism: Tokyo’s residential recovery is short-lived
Occupancy rates are down to an 11-year low of 95.4% in Q2.
Tokyo residential rents down 4% in Q2 as market headwinds persist
Rents have declined again after a temporary rise in the previous quarter.
Tokyo’s office capital values drop for fourth consecutive quarter
Capital values decreased 3.1% in 1Q21.
Tokyo hotel vacancies down to 19.3% in Q1
It was a moderate improvement from the 40% vacancy rate the previous quarter.
Negative rent growth drags Tokyo retail capital values
Capital values were down 18.1% in Q1, the sixth consecutive quarter of decline.
Why 2023 is a significant year for Tokyo’s office supply
The supply influx for this year is expected to be a ‘headache’.
Tokyo industrial records sub-1% vacancy rates for sixth consecutive quarter
Greater Tokyo reported a vacancy rate of 0.9% in Q1.
Fears loom over Tokyo’s future office supply and secondary vacancy
Secondary vacancy from last year’s supply is likely to materialise later this year as office demand weakens.
Japan’s hotel market to be bolstered by domestic demand
The number of incoming international visitors will not recover to 30 million annually anytime soon.
What’s the most sought-after property sector in Japan?
Valuations in this sector have reached record highs.
Japan’s property investment market unfazed by ongoing lockdowns
There were 18 en-bloc transactions with a combined value of USD2.3b in Q1 2021.
The ‘excessive pessimism’ over Tokyo’s office market is waning: Savills
The downside is deemed limited as rents are still ~70% of the peaks seen pre-financial crisis.
Tokyo Grade A office rents’ deterioration finally starts to slow
The 1.9% decline in Q1 is a lot smaller than the 2.6% correction last quarter.
Most Read
1. APAC real estate investment jumps 13.7% to US$201b in 2025 2. Singapore property investment surges 27% to $34.12b in 2025 3. Japan office market sees robust investment and rental growth amidst tight supply 4. Singapore HDB resale prices flat in Q4 2025 as transaction volumes fall 5. Australia’s industrial leasing pivots back to new buildsResource Center
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