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 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.