Rent for grade A office space in central Tokyo Q3 2017-Q3 2021

Cost of rent for grade A office space in the five central wards of Tokyo from 3rd quarter 2017 to 3rd quarter 2021

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Release date

November 2021



Survey time period

Q3 2017 to Q3 2021

Special properties

based on contracted rents

Supplementary notes

Central Tokyo: Chiyoda Ward, Chuo Ward, Minato Ward, Shinjuku Ward, Shibuya Ward, and other major business districts in surrounding areas.
Figures are based on a statistical analysis of contracted rents, excluding common area maintenance (CAM) charges.
Grade A is defined as follows:
Total floor area: 10,000 tsubo or larger /area per standard floor: 300 tsubo or larger.
Years since construction: maximum of 15 years, major refurbishments are taken into consideration.
Facilities: ceiling height of 2.7 meters or more, individual air conditioning, high anti-seismic and environmental performance.

Figures prior to Q3 2018 come from previous reports.

1 Japanese yen equals 0.0091 U.S. dollars or 0.0077 euros as of August 2021.
Values have been rounded.
Tsubo is an area unit in the Japanese system of weights and measures (1 tsubo equals around 3.31 square meters).

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Statistics on "Office real estate in Japan"

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