savills japan
Savills Japan
How are retail rents faring in Tokyo’s regional cities?
Average rents increased 9% to JPY26,350 per tsubo in H1 2021.
How are retail rents faring in Tokyo’s regional cities?
Average rents increased 9% to JPY26,350 per tsubo in H1 2021.
Tokyo retail prospects remain grim as high vacancy rates persist
Out of all the regional markets, Sapporo is in the worst position.
Intriguing population dynamics at play in Central Tokyo’s residential market
More younger families are leaving Central Tokyo for neighbouring prefectures.
Tokyo residential rents at a record low since 2018
Average multifamily asking rents dropped 3.6% over the year.
Tokyo residential occupancy rates on par with 2015 levels
Occupancy rates increased 0.2ppts to 95.6% in Q3 2021.