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Tokyo Prime Office Vacancy Rates Dip in November

Tokyo Prime Office Vacancy Rates Dip in November


According to CBRE, Japan's office vacancy rates and average assumed achievable rents across Tokyo, Osaka and Nagoya produced mixed results.
 
In November 2015 the Grade A office vacancy rate in Tokyo was down 0.3 points month-over-month (m-o-m) to 4.5%. Meanwhile, Osaka Grade A vacancy rate was flat at 5.0%, and the Nagoya Grade A vacancy rate was up 2.2 points to 5.0%.
 
Assumed Achievable Rents for Tokyo Grade A buildings were up 0.3% m-o-m, the Osaka Grade A rents were down 0.2% m-o-m, and the Nagoya Grade A rents were up 1.6% m-o-m.
 
With regard to All-Grade vacancy rates, Tokyo's 23 wards were down 0.1 points m-o-m to 3.4%, Osaka was flat m-o-m at 5.9%, and Nagoya was up 0.5points m-o-m to 4.6%.

WPJ News | Tokyo Office Market (Nov.  2015)
WPJ News | Osaka Office Market (Nov.  2015)
WPJ News | Nagoya Office Market (Nov.  2015)
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