Japan
Tokyo gross industrial rents inch up 0.9% in Q3
New completions commanded higher rents in Greater Tokyo.
Tokyo gross industrial rents inch up 0.9% in Q3
New completions commanded higher rents in Greater Tokyo.
Learn more about the diverging trends emerging in Tokyo’s Grade A office market
In Q3, the vacancy rate increased to 4.1% whilst rents decreased by 13.2%.
Japan hotel investments to reach US$2.5 for full year 2022
Thanks to large transactions such as the Hyatt Regency Shinjuku.
What does recovery look like for Tokyo’s office submarkets?
Savills says submarkets that saw larger corrections will continue to have hard times ahead.
What does the future look like for Japan’s retail property sector?
Overall, the industry is set for a robust improvement and stronger prospects.
These are the retail developments to watch out for in Tokyo
The Toranomon Azabudai project is up for a transformation in 2023.
Tokyo retail asking rents up 5.3% in Q3
Each submarket saw varying levels of recovery.
How did Tokyo’s Grade B office market fare in Q3?
Vacancy rose to 4.8%, with Minato recording the largest increase.
Tokyo Grade A office vacancy rate hits 8-year high in Q3
The vacancy rate rose 1.1ppts to 4.1%, the highest since 2014.
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.
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EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges
![EY’s Seng-Leong Teh emphasises focus on resilience, tenant mix management amidst challenges]()
Co-Written / Partner
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
Discover the insights of Seng-Leong Teh as he navigates the challenges and opportunities shaping the industry today.
