Japan: logistics facilities rent per tsubo in Greater Tokyo by area 2022

As of the fourth quarter of 2022, the rent for logistics facilities in the Greater Tokyo Area was the highest in the Tokyo Bay Area, amounting to 7.58 thousand Japanese yen per tsubo. Located near major ports and airports, the Tokyo Bay Area is considered a hub for the logistics industry.

Rent for logistics facilities per tsubo in the Greater Tokyo Area in Japan as of 4th quarter 2022, by area (in 1,000 Japanese yen)

Characteristic	Rent in thousand Japanese yen per tsubo
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Release date

June 2023

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Region

Japan

Survey time period

Q4 2022

Supplementary notes

Tokyo Bay Area: core bay area of Tokyo Prefecture.
Tokyo Gaikan Expressway Area: area surrounded by the Tokyo Gaikan Expressway ring road excluding the Tokyo Bay Area.
National Route 16 Area: semi-donut-shaped area from the outside of the Tokyo Gaikan Expressway ring road to the National Route 16.
Ken-O Expressway Area: area outside of the National Route 16 (the Ken-O Expressway ring road that runs through the prefectures Tokyo, Saitama, Ibaraki, and Chiba being at the center of this area.)

Tsubo is an area unit in the Japanese system of weights and measures (1 tsubo equals around 3.31 square meters).

100 Japanese yen equal 0.72 U.S. dollars or 0.67 euros as of June 2023.
Values have been rounded.

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