Tokyo office vacancy rate
Tokyo office vacancy rate rises for the first time in two quarters
It increased 40bps to 3.4% in Q2.
Tokyo office vacancy rate rises for the first time in two quarters
It increased 40bps to 3.4% in Q2.
Guess which area in Tokyo has the lowest office vacancy rate
Its vacancy rate contracted 0.1ppts to 1.5% in Q2.
Tokyo office rents continue downward streak for eight consecutive quarter
Rents slipped 1.2% in Q1 2022.
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 office rents still on a downtrend for nearly two years now
Office rents declined for the seventh consecutive quarter in 4Q21.
What to expect from Tokyo’s office property market this year
Most office layouts are being transformed to accommodate hybrid working.
Tokyo office vacancy to rise significantly in 2023
Blame it on oversupply and underwhelming demand.
Tokyo office vacancy rate hits a record 3.1% in Q3
This is the first time the vacancy rate exceeded 3% since 2017.
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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.
