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Tokyo A grade office vacancy rate as of the end of April 2018

2018.06.14

The vacancy rate rose by 3% for the first time in seven months, rents gradually rose

JLL, a general real estate services giant, announced vacancy rates and rents of the Tokyo A grade office as of the end of April 2018.


Vacancy rate

The vacancy rate rose 3.0 points, 0.3 points up from the previous month, rising by 0.4 points from the previous year, rising for the second consecutive month, showing the 3% level for the first time in seven months. In addition to the rise in Otemachi and Marunouchi, vacant rooms of new supply were reflected.

Rent

It is 37,095 yen per tsubo per month (management expense included), 0.1% higher than the previous month, 1.8% higher than the previous year. Rent increased in Otemachi · Marunouchi, Tiger Gate · Shinbashi, Shinjuku.