Try our corporate solution for free!
+1 (212) 419-5770
esther.shaulova@statista.com

Monthly office rent Tokyo 2019

The average monthly office rent per tsubo in Tokyo's main business districts amounted to approximately 22.2 thousand Japanese yen as of December 2019, reaching its highest point during that year. The average rent increased by more than one thousand yen since January 2019.

 Low office vacancy rates in Japan’s metropolitan areas

The increasing rents for office space reflect a general downward trend in vacancy rates for office space in Tokyo's main business districts; Chiyoda, Chuo, Minato, Shinjuku, and Shibuya. Similarly, vacancy rates for office space in Osaka and other major cities in Japan have continued to decrease over the past decade. This development has been accompanied by increasing commercial land prices in the metropolitan areas of Tokyo, Osaka, and Nagoya since 2014.

 Real estate investment in office property

With an increasing demand for office space and rising rents, the office market has played a growing role in commercial real estate investment. Office property has been among the major types of property acquired by Japanese real estate trusts in Japan. Properties in Tokyo and the Greater Tokyo Area, which includes the prefectures Kanagawa, Chiba, and Saitama, have accounted for half of the securitized properties in Japan.

Average monthly office rent in Tokyo's main business districts in 2019 (in 1,000 Japanese yen per tsubo)*

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% Discount until October 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

June 2020

Region

Japan

Survey time period

2019

Special properties

1 tsubo equals about 3.3 square meters or 35.6 square feet

Supplementary notes

*Business districts here include Chiyoda-ku, Chuo-ku, Minato-ku, Shinjuku-ku, and Shibuya-ku.

1 Japanese yen equals 0.0093 U.S. dollars or 0.0083 euros as of June 2020.
Figures have been rounded.
The source does not provide an exact publication date. Date given here is the day of data access.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Real estate in Japan"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.