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The vacancy rate in Greater Tokyo stood at 4.1% at end-4Q17, decreasing 10 bps q-o-q and 120 bps y-o-y. The vacancy rate in the Bay area decreased 60 bps q-o-q and 200 bps y-o-y to 1.0%. Tokyo Inland vacancy rose to 6.1%, up . . .
Capital values in Greater Tokyo grew 0.1% q-o-q and 5.9% y-o-y in 4Q17. Although capital values grew for the fourth consecutive quarter, the rate of growth continued to slow. A notable sales transaction in the quarter involved . . .
In spite of sustained strong demand, rents are likely to be underdownward pressure in some submarkets given the record volume of supply due to complete in the coming two years. On the investment front, continued investor interest . . .
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12 February 2018