Net absorption of office space in Tokyo's central wards 2014-2026
In 2023, the net absorption of office space in the five central wards of Japan's capital Tokyo was estimated at 237.1 thousand tsubo, assuming that the demand for office space declines by 15 percent due to the revision of work styles. It was forecasted to reach 102.5 thousand tsubo in 2026 or 59.7 thousand tsubo if demand declined by 30 percent. The net absorption measures the net change of occupied office space within a specific period of time.