Asking rent for logistics facilities in the Greater Tokyo Area in Japan 2020-2023

Published by Statista Research Department, Feb 27, 2024

In October 2023, the median asking rent for logistics facilities in Greater Tokyo in Japan amounted to 4.6 thousand Japanese yen per tsubo. Greater Tokyo comprises Japan's capital Tokyo and the neighboring prefectures of Ibaraki, Saitama, Chiba, and Kanagawa.

Median asking rent for logistics facilities in the Greater Tokyo Area in Japan from January 2020 to October 2023 (in Japanese yen per tsubo)

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Release date

November 2023

Region

Japan

Survey time period

January 2020 to October 2023

Special properties

median of rents; logistics facilities with a leasable area of at least 1,000 square meters

Supplementary notes

Greater Tokyo includes the prefectures of Ibaraki, Saitama, Chiba, Tokyo, and Kanagawa.

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 0.68 U.S. dollars or 0.63 euros as of February 2024.

Data prior to January 2021 is from previous reports.

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