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Tokyo Office Market Update - September 2017

Japan’s employment situation continues to improve

The employment situation has continued to improve. The effective ratio of job offers was 1.52 in July, increasing . . .

Grade A office vacancy rate rises for the first time in two months

The vacancy rate stood at 2.8 per cent at end-August, increasing 10 bps m-o-m and 130 bps y-o-y. This was an increase . . .

Grade A office rents maintain growth for the 11th straight month

Rents in the Grade A office market in Tokyo averaged JPY36,570 per tsubo per month at end-August, increasing . . .

Akasaka Intercity Air enters market

Akasaka Intercity Air completed in August. The office-led super high-rise building with 38 storeys above ground and . . .

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