Advertised office rents and vacancy rates in major cities
 
  Research Firm Area 2014 2015 Time Point
June July Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May June
  T
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y
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Vacancy Rate (%) Miki Shoji
Latest Office Building Market Trends in Tokyo
  5 central wards 6.45 6.20 6.02 5.65 5.60 5.55 5.47 5.36 5.31 5.30 5.34 5.17 5.12 The end of each month
  Building Kikaku
office search
  5 central wards 6.32 6.17 5.98 5.77 5.63 5.61 5.46 5.28 5.60 5.57 5.65 5.48 5.27 Monthly average
  Jones Lang LaSalle
Asia Pacific Property Digest
3 central wards 3.7     3.9     3.0     3.0       Quarterly
  Sanko Estate
Monthly Office Market Survey
  5 central wards 4.99 4.49 4.39 4.64 4.51 4.33 4.02 3.99 3.71 4.01 3.82 3.83 3.79 The beginning of each month
  Rent
(yen/tsubo)
Miki Shoji
Latest Office Building Market Trends in Tokyo
  5 central wards 16,607 16,663 16,729 16,805 16,913 16,950 16,953 17,109 17,167 17,195 17,257 17,320 17,401 The end of each month
  Building Kikaku
office search
  5 central wards 16,644 16,871 16,811 16,992 17,214 17,270 17,337 17,392 17,432 17,760 17,767 17,947 18,077 Monthly average
  Jones Lang LaSalle
Asia Pacific Property Digest
3 central wards 32,779     33,272     33,399     33,884       Quarterly
  Sanko Estate
Monthly Office Market Survey
  5 central wards 16,057 16,158 16,211 15,826 16,201 16,351 16,333 16,341 16,832 16,827 16,739 16,963 16,884 The beginning of each month
  N
a
g
o
y
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Vacancy Rate (%) Miki Shoji
Latest Office Building Market Trends in Tokyo
Business districts 8.46 8.37 8.16 8.14 7.83 7.50 7.53 7.44 7.36 7.19 7.09 6.91 6.80 The end of each month
  Building Kikaku
office search
Main districts 8.42 8.23 7.93 7.85 8.04 7.86 7.59 7.63 7.65 7.35 6.98 7.24 6.77 Monthly average
  Sanko Estate
Monthly Office Market Survey
Nagoya city 6.58 6.55 6.28 6.28 6.49 6.14 5.80 5.67 5.84 5.85 5.21 5.04 5.11 The beginning of each month
  Rent
(yen/tsubo)
Miki Shoji
Latest Office Building Market Trends in Tokyo
Business districts 10,796 10,795 10,782 10,788 10,773 10,760 10,742 10,751 10,758 10,767 10,764 10,784 10,813 The end of each month
  Building Kikaku
office search
Main districts 9,582 9,633 9,776 9,755 9,557 9,596 9,473 9,463 9,494 9,549 9,581 9,593 9,582 Monthly average
  Sanko Estate
Monthly Office Market Survey
Nagoya city 8,199 8,148 8,100 8,117 8,110 8,081 8,049 8,059 8,022 8,012 8,010 8,062 8,052 The beginning of each month
  O
s
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k
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Vacancy Rate (%) Miki Shoji
Latest Office Building Market Trends in Tokyo
Business districts 8.89 8.72 8.36 8.14 8.06 8.01 7.92 7.98 8.24 8.71 8.77 8.47 8.42 The end of each month
  Building Kikaku
office search
Main districts 10.12 8.94 8.69 8.56 8.60 8.49 8.45 8.52 8.79 8.65 8.57 8.69 8.52 Monthly average
  Sanko Estate
Monthly Office Market Survey
Osaka city 7.79 7.86 7.78 7.58 7.60 7.37 7.29 7.04 7.04 6.79 6.55 6.71 6.21 The beginning of each month
  Rent
(yen/tsubo)
Miki Shoji
Latest Office Building Market Trends in Tokyo
Business districts 11,158 11,128 11,116 11,120 11,119 11,120 11,123 11,137 11,222 11,132 11,139 11,131 11,131 The end of each month
  Building Kikaku
office search
Main districts 9,046 8,958 8,999 9,058 8,979 8,965 8,978 9,025 9,198 9,254 9,260 9,467 9,455 Monthly average
  Sanko Estate
Monthly Office Market Survey
Osaka city 7,842 7,820 7,782 7,809 7,808 7,831 7,788 7,845 7,861 7,879 7,813 7,776 7,755 The beginning of each month
F
u
k
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Vacancy Rate (%) Miki Shoji
Latest Office Building Market Trends in Tokyo
Business districts 8.70 8.55 8.43 8.22 7.95 7.83 7.70 7.73 7.69 7.58 7.55 7.24 6.96 The end of each month
Building Kikaku
office search
Main districts 7.06 6.78 6.79 6.77 6.90 6.48 6.12 6.21 6.15 5.91 5.77 5.53 5.38 Monthly average
Sanko Estate
Monthly Office Market Survey
Fukuoka city 6.19 6.03 5.82 5.59 5.49 5.45 5.15 5.35 5.14 4.86 4.91 4.76 4.66 The beginning of each month
Rent
(yen/tsubo)
Miki Shoji
Latest Office Building Market Trends in Tokyo
Business districts 9,213 9,213 9,222 9,222 9,206 9,202 9,207 9,197 9,200 9,195 9,203 9,217 9,217 The end of each month
Building Kikaku
office search
Main districts 9,123 9,175 9,354 9,199 9,217 9,061 9,103 9,087 9,134 9,121 9,163 9,155 9,121 Monthly average
Sanko Estate
Monthly Office Market Survey
Fukuoka city 8,590 8,557 8,505 8,531 8,571 8,634 8,630 8,679 8,629 8,600 8,649 8,627 8,556 The beginning of each month
         
[Subject of the survey]
Miki Shoji: Buildings with a standard floor space of 100 tsubos (330 m2) or more. Advertised rents exclude common service fees.
Building Kikaku: Buildings with a standard floor space of 100 tsubos (330 m2) or more. Advertised rents
include common service fees.
Jones Lang LaSalle: Grade A office buildings located in three central wards of Tokyo (Chiyoda, Chuo, Minato). Advertised rents
exclude common service fees.
Sanko Estate:Buildings with a standard floor space of 200 tsubos (661 m2) or more. Advertised rents exclude common service fees.
[Notes]
3 central wards : Chiyoda-ku, Chuo-ku, Minato-ku
5 central wards : Chiyoda-ku, Chuo-ku, Minato-ku, Shinjuku-ku, Shibuya-ku
Rent solely indicates the monthly asking rent per tsubo (approx. 3.3 m2)
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