tokyo retail rents
Tokyo retail asking rents up 5.3% in Q3
Each submarket saw varying levels of recovery.
Tokyo retail rents rise for the first time in nine quarters
Rents inched up 1.1% in Q2 2022.
Tokyo retail rental decline slows down in Q1
Rents slipped for the eighth consecutive quarter to reach JPY 73,233 per tsubo per month in Q1.Â
Ginza retail rents hit highest levels since the pandemic began
Rents increased 11.8% in the second half of 2021.
Tokyo retail rents decline for seventh consecutive quarter
Rents slipped 1% y-o-y in 4Q21.
Why Tokyo’s retail property market is still mired in uncertainty
The slight increase in rents was only due to listings of previously unavailable prime locations.
How are retail rents faring in Tokyo’s regional cities?
Average rents increased 9% to JPY26,350 per tsubo in H1 2021.
Tokyo retail prospects remain grim as high vacancy rates persist
Out of all the regional markets, Sapporo is in the worst position.
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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.
