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Office & Business Space

Regional Japanese Office Markets - July 2024

"Regional office markets continue to make improvements, largely due to heightened business sentiment, greater levels of office participation, and long overdue office relocations. Though large amounts of supply are in the pipeline for many regional markets, sound demand from tenants should ensure stable absorption and only temporal fluctuations in respective markets."

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Publication

Office & Business Space

Tokyo Office Leasing Q2/2024

"The Tokyo office market has seen consecutive quarters of improvement, suggesting that the market has firmly transitioned to a recovery phase. Firm office demand levels are supported by moderate amounts of new supply in 2024. Looking ahead, 2025 will bring significant new supply, but pre-leasing appears encouraging. Bifurcation is expected to persist, largely influenced by location and age."

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