Japan
Tokyo C5W’s residential rent premium over 23W widens to 19.5%
Tokyo C5W’s residential rent premium over 23W widens to 19.5%
The gap is slightly below the peak seen last year.
These hurdles hinder the near-term growth of Tokyo’s logistics market
The recent influx of supply loosened the market.
This will be Tokyo’s biggest industrial project for 2024
It’s a 256,000sqm facility to be completed in the second half of the year.
Tokyo logistics vacancy rises to 7.7% in H1 2024
New supply is expected to be better absorbed towards the second half of the year.
Tokyo industrial demand reaches over 803,000sqm in H1 2024
Net absorption in Q2 alone was at 641,000sqm.
Tokyo office leasing volume set to be robust for the rest of the year
Rents are also expected to continue to rise.
Osaka office vacancy rate rises to 4.1% in Q2
The growth remained modest despite a large supply of over 100,000sqm.
Tokyo prime retail rents rise by 16.1% in Q2
Ground floor rents continued to significantly increase in Ginza and Omotesando.
Japan to attract 23% of APAC total cross-border investment flows in 2024
The country remains a safe spot for global capital.
Nagoya investment-grade office vacancy tightens to 5.7% in H1 2024
Thanks to strong interest from tenants.
Nagoya office rents inch up by 0.8% in H1 2024
Guess which submarket saw the largest rental growth.
Osaka investment-grade office vacancy rates dip to 4% in H1 2024
Meanwhile, all-grade vacancy rates declined to 4.8%.
Osaka to see 40,000 tsubo of new office supply by 2025
A majority will be in the vicinity of Yodoyabashi station.
Is Osaka’s office supply uptick a cause for concern?
Around 90,000 tsubo of net rentable area is expected this year.
What to expect from regional Japanese office markets for the rest of 2024
Temporary disruptions won’t detract from a longer-term growth trajectory.
Osaka investment-grade office rents grow by 2.3% in H1 2024
Vacancy loosened slightly by 0.2ppts during the same period.
Regional Japanese cities to see elevated volumes of new office completions this year
Osaka will welcome over 90,000 tsubo of NRA in 2024.