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Research

Report

Tokyo Office Market Update - June 2018


Japan’s real GDP contracts for the first time in nine quarters

Japan’s real GDP registered negative growth of 0.6% q-o-q (SAAR) in 1Q18, contracting for the first time in nine quarters since 2015. Domestic demand contracted because of the decrease in private residential investment, in addition . . .

Grade A office vacancy rate rises for the third straight month

The vacancy rate stood at 3.2% at end-May, increasing 30 bps m-o-m and 50 bps y-o-y. This was an increase for the third consecutive month. Whereas the increase was shown in . . .

Grade A office rents continue to trend upwards

Rents in the Grade A office market in Tokyo averaged JPY 37,121 per tsuboper month at end-May, increasing 0.1% m-o-m and . . .

MsbTamachi-TamachiStation Tower S completes

MsbTamachi-TamachiStation Tower S entered the market in May. The office-led building with 31 storeysabove ground with 137,000 sqm(GFA) will offer office space of 77,000 sqm(NLA), with a typical floor plate of . . .


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