Office real estate in Japan

Statistics report on office real estate in Japan

This report presents a range of statistics and facts on office real estate in Japan. It gives an overview on net absorption, vacancy rates, and rents in Tokyo, Osaka, and Nagoya, followed by chapters on investment in office property, the impact of COVID-19, and flexible office space.

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Table of contents

Overview

6
  • Premium Statistic Change in official commercial land prices in Japan 1980-2025
  • Premium Statistic Change in official commercial land prices in Japan 2016-2025, by region
  • Premium Statistic Commercial property price index for offices in Japan Q1 2019-Q2 2025
  • Premium Statistic Office space rental service producer price index (SPPI) in Japan 2015-2024
  • Premium Statistic Office floor area in Japan 2015 to 2024
  • Premium Statistic Office rent in main business districts of major cities in Japan 2015-2024, by city

Construction

5
  • Premium Statistic Number of office construction starts in Japan 2015-2024
  • Premium Statistic Floor area of office construction starts in Japan 2015-2024
  • Premium Statistic Estimated cost of office construction starts in Japan 2015-2024
  • Premium Statistic Gross total floor area of new office buildings in Tokyo's 23 wards 2015-2029
  • Premium Statistic Largest office building completions in Tokyo's 23 wards Japan 2026, by floor area

Tokyo

6
  • Premium Statistic Office floor area in Tokyo's main business districts 2015-2024
  • Premium Statistic Office vacancy rate in Tokyo's main business districts 2015-2024
  • Premium Statistic Net absorption of office space in Tokyo's central wards 2015-2027
  • Premium Statistic Office rent in Tokyo's main business districts 2015-2024
  • Premium Statistic Asking rent for office space in central Tokyo Q4 2024-Q1 2028
  • Premium Statistic Rent for grade A office space in central Tokyo Q1 2018-Q2 2025

Osaka

5
  • Premium Statistic Office floor area in Osaka's main business districts 2013-2022
  • Premium Statistic Office vacancy rate in Osaka 2015-2024
  • Premium Statistic Net absorption of office space in Osaka's central wards 2015-2027
  • Premium Statistic Office rent in Osaka's main business districts 2015-2024
  • Premium Statistic Asking rent for office space in Osaka's central wards Q4 2024-Q1 2028

Nagoya

5
  • Premium Statistic Office floor area in Nagoya's main business districts 2013-2022
  • Premium Statistic Office vacancy rate in Nagoya 2015-2024
  • Premium Statistic Net absorption of office space in Nagoya 2015-2027
  • Premium Statistic Office rent in Nagoya's main business districts 2015-2024
  • Premium Statistic Asking rent for office space in Nagoya Q4 2024-Q1 2028

Investment

5
  • Premium Statistic Value of office real estate acquired by investment schemes in Japan FY 2015-2024
  • Premium Statistic Office real estate acquisition amount of REITs in Japan 2015-2024
  • Premium Statistic Number of real estate investment trust properties in Japan 2025, by sector
  • Premium Statistic Capitalization rate of office property owned by REITs in Japan 2015-2024
  • Premium Statistic Capitalization rate of office property owned by REITs in Tokyo's 23 wards 2015-2024

Impact of COVID-19

6
  • Premium Statistic Monthly office vacancy rate in Tokyo's main business districts 2020-2025
  • Premium Statistic Monthly office rent in Tokyo's main business districts 2020-2024
  • Premium Statistic Share of business enterprises that offer telework Japan 2015-2024
  • Premium Statistic Share of companies that implemented remote work due to COVID-19 Japan 2021
  • Premium Statistic Most common changes regarding the size of new office space in Japan 2015-2022
  • Premium Statistic Most common reasons for leasing new office space in Japan 2022

Flexible office space

6
  • Premium Statistic Flexible office market size in Japan FY 2020-2026
  • Premium Statistic Number of flexible offices in Tokyo's 23 wards Japan 2012-2021
  • Premium Statistic Actual and ideal telework location among office workers in Tokyo, Japan 2021
  • Premium Statistic Number of new satellite offices opened with government involvement FY 2012-2021
  • Premium Statistic Number of satellite offices opened with government involvement FY 2021, by prefecture
  • Premium Statistic Breakdown of satellite offices opened with government involvement FY 2021, by type
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