Office vacancy rates continue to rise in central Tokyo.
With the spread of telework due to the spread of the new coronavirus infection, companies are increasingly canceling offices, and the vacancy rate rose to more than 6% last month for 18 consecutive months.
Miki Shoji, a major office broker, surveys the vacancy rate and rent of office buildings with an area of 100 tsubo or more every month.
According to this, the average vacancy rate of about 2,600 office buildings in five wards of central Tokyo such as Chiyoda Ward and Minato Ward last month was 6.31%, up 0.03 points from the previous month.
Telework has become widespread with the spread of the new coronavirus infection, and the movement to cancel offices in central Tokyo due to office shrinkage or relocation is spreading, and the vacancy rate will rise for 18 consecutive months. ..
The breakdown is:
▼ Shibuya Ward 6.67%, Minato Ward 8.49%, up from the previous month, while
▼ Chiyoda Ward 4.49%, Chuo Ward 5.59%, Shinjuku Ward 6.08%, down from the previous month Did.
The average rent for the five wards has also fallen for 13 consecutive months, and the average rent per tsubo is 29,32 yen, which is 1,890 yen lower than the same month of the previous year.