According to CBRE, Tokyo's office market inventory has further tightened in February, while both Osaka and Nagoya markets uptick slightly.
In February 2016, Grade A office vacancy rate in Tokyo was down 0.1 points month-over-month (m-o-m) to 3.0%. The Osaka Grade A vacancy rate was up 0.1 points to 4.8%, and the Nagoya Grade A vacancy rate was up 0.1 points to 3.7%. For assumed Achievable Rents, Tokyo Grade A buildings were up 0.4% m-o-m, and Osaka and Nagoya Grade A rents were both flat m-o-m.
With regard to All-Grade office vacancy rates, Tokyo's 23 wards were down 0.2 points m-o-m to 2.7%, Osaka was down 0.1 points m-o-m at 5.3%, and Nagoya was up 0.1 points m-o-m to 4.3%.
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.