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%.
According to the newly released Last Mile / City Logistics Report from CBRE, the rapid rise of e-commerce has driven the most disruptive movement to the industrial & logistics industry, transforming the way we think about industrial real estate.
According to CBRE's Q3 2016 MarketView data for the Asia Pacific region, overall property investment turnover during Q3 picked up slightly with an increase in transaction volume of 5.6% quarter-on-quarter to $24.6 billion.