Skip Ribbon Commands
Skip to main content

Research

Report

Tokyo Office Market Update - November 2017


Monetary policy maintained

At the Monetary Policy Meeting held in October, the Bank of Japan decided to, by an 8-1 majority vote, maintain the current guideline for yield curve control. For the short-term policy interest rate, a negative interest rate of minus 0.1 percent will be applied. For the long-term interest rate . . .

Grade A Office vacancy rate decreases for the first time in three months

The vacancy rate in the Grade A office market in Tokyo stood at 2.9% at end-October, decreasing 10 bps m-o-m but increasing 150 bps y-o-y. This was a decrease for the first time in three months. Amid robust . . .

Grade A Office rental growth stabilisesfor the first time in three months

Rents in the Grade A office market in Tokyo averaged JPY 36,620 per tsuboper month, flat m-o-m but increasing 1.8% y-o-y. Growth slowed for the first time in three months . . .

Majornew supply due in 2018 and healthy commitment from occupiers

New supply in 2018 is expected to total 597,000 sqmin 2018. This will be the third largest supply historically, equivalent to about . . .

Please fill out the form to download the report.

pdf | 446808