Office Research

Savills Research & Consultancy delivers objective advice to clients in order to help them make well-informed real estate related decisions and realise pre-defined goals.

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Tokyo Office Leasing Briefing - Q3 2018
11 October 2018

A historically large volume of supply has been well absorbed so far in 2018, and pre-leasing for 2019 is progressing strongly. Fundamentals are solid, supporting the Tokyo office market as rental growth continues.

 

Research search results: 43 found

 
Tokyo Office 2H 2018

Tokyo Office 2H 2018

27 September 2018

As the Japanese economy has grown, large-scale Grade B office metrics in the central five wards have improved. A strong economy, with growing corporate profits and fierce competition for talent, is buffeting rents as tenants chase increasingly scarce office space.

 
 
 
Tokyo Office Leasing Briefing - Q2 2018

Tokyo Office Leasing Briefing - Q2 2018

06 July 2018

Tokyo office rents continue to rise while vacancy remains airtight. As demand fundamentals maintain their strength, these trends should persist until tertiary vacancy begins to weigh on the market.

 
 
 
Regional Japanese Office Markets - June 2018

Regional Japanese Office Markets - June 2018

28 June 2018

High-grade offices in major regional cities have seen a spike in rents while average all-grade rents have risen for all markets surveyed. All-grade vacancy in every surveyed city has fallen to levels not seen since the early 1990s. In the absence of an external shock, these trends are likely to continue.

 
 
 
Tokyo Office Supply 2018

Tokyo Office Supply 2018

12 June 2018

Central Tokyo is expected to witness elevated levels of high-quality supply between now and 2020. We believe that the high quality sector will remain in balance, while secondary vacancy could soften rents for existing stock that does not meet emerging demand in certain submarkets. The strength of tenant demand will play a vital part in market dynamics over the next few years, as will landlords’ management of their portfolios.

 
 
 
Tokyo Office Leasing Briefing - Q1 2018

Tokyo Office Leasing Briefing - Q1 2018

27 April 2018

Tokyo offices had another strong quarter of rental growth and extremely low vacancy. A tight labour market and healthy corporate profits have translated into strong demand for new offices which is likely to continue towards late 2018.

 
 
 
Tokyo Office Leasing Briefing - Q4 2017

Tokyo Office Leasing Briefing - Q4 2017

10 January 2018

Tokyo offices had another strong quarter of rental growth reflecting extremely tight vacancy. Given strong pre-leasing activity and positive economic conditions, rental growth should continue towards late 2018 or even longer

 
 
 
Regional Japanese Office Markets - December 2017

Regional Japanese Office Markets - December 2017

06 December 2017

High-grade offices in major regional cities are performing well. Growth is likely to continue, albeit at a slower pace. Vacancy has tightened to 5% and below in every surveyed city save Sendai.

 
 
 
Tokyo Office Leasing Briefing - Q3 2017

Tokyo Office Leasing Briefing - Q3 2017

20 October 2017

Rental growth extended its climb in Q3/2017 as vacancy rates returned to below 2%. Pre-leasing for upcoming supply remains much stronger than expected, though more space will come in 2018 than in 2017. Gradual rental growth is likely to continue towards late 2018 or afterwards.

 
 
 
Tokyo Office 2H 2017

Tokyo Office 2H 2017

04 October 2017

Large-scale Grade B office metrics in the C5W have been improving as Tokyo office market fundamentals remain sound. Grade A office vacancy has remained tight and some demand appears to have spilled over to Grade B offices.

 
 
 
Tokyo Coworking: Separating Fact From Fad - August 2017

Tokyo Coworking: Separating Fact From Fad - August 2017

25 August 2017

After two years of explosive growth in APAC, premier coworking space is coming to Tokyo. We believe that changing work habits and other demand factors will drive the development of flexible office space.

 
 
 

Key contacts

Tetsuya Kaneko

Tetsuya Kaneko

Director, Head of Research and Consultancy

Savills Japan

+81 3 6777 5192

 

Yoshihiro Kanno

Yoshihiro Kanno

Associate
Research and Consultancy

Savills Japan

+81 3 6777 5142

 

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