tokyo grade a office leasing
Learn more about the diverging trends emerging in Tokyo’s Grade A office market
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%.
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.
Tokyo Grade A office rents decline 7.6% YoY in Q4
The vacancy rate also increased 1.8ppts to 2.8%.
Tokyo residential occupancy rates on par with 2015 levels
Occupancy rates increased 0.2ppts to 95.6% in Q3 2021.
Why Tokyo’s Grade A office sector could gradually improve in the coming months
Shibuya only recorded a minor correction of 0.5% in Q3.
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