OEJP | Open Estate Japan K.K | Governor of Tokyo License number 1-111827

2025年4月17日

The Overview of Tokyo Office market

The Tokyo office market has undergone significant changes in recent years due to diverse working styles, the impact of the pandemic, and economic recovery. In 2023, the vacancy rate in the 23 wards of Tokyo dropped from 6.2% to 5.1%. Notably, the core five wards (Chiyoda, Chuo, Minato, Shinjuku, and Shibuya) saw vacancy rates fall to 4.6%, dipping below 5% for the first time in nearly five years. This is...

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