Tokyo Prime Office Vacancy Rates Dip in November

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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%.