Vacancy Rate by City

Vacancy Rate by City

Office property vacancy rates in June 2017 in the five central Tokyo wards and Tokyo's 23 wards were 2.1% and 2.3%, respectively.These rates were lower than those in many other large cities nationwide.The vacancy rate for Shibuya and Ebisu was 1.0% in December 2016, as indicated in the following chart.It was lower than those in the five central Tokyo wards and Tokyo's 23 wards.

Vacancy Rate by City

Source : "OFFICE MARKET DATE BOOK" by CBRE K.K.

* The figures in the above chart were extracted from the above publication.

** The above data was based on research with respect to office buildings that were above certain standards in the specific areas.

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