The vacancy rate of offices in central Tokyo in January was more than 6%, which was almost flat, although it was below the previous month for three consecutive months.
Vacancy rates remain high.
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 in January of 2600 buildings in 5 wards of central Tokyo such as Chiyoda Ward and Minato Ward was 6.26%, 0.07 points lower than the previous month.
This is a medical and construction-related company, and in addition to the movement to increase the floor area of the office due to relocation etc., the vacancy rate will be lower than the previous month 3 due to the fact that there were few cancellations. It's been a month in a row.
However, with the spread of telework, office demand remains weak and the vacancy rate is still at a high level.
The breakdown is
▽ Minato Ward 8.46%
▽ Chuo Ward 5.75%
▽ Shinjuku Ward 5.74%
▽ Shibuya Ward 5.34%
▽ Chiyoda Ward 4.74%.
On the other hand, rents have been declining for 18 consecutive months, and the average rent per tsubo was 20,508 yen, which is more than 1,300 yen lower than the same month of the previous year.