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Office & Business Space

Tokyo Office Leasing Q1/2023

"Overall, the office market continues to see steady improvement going into 2023. Rental corrections have been gentle, and vacancy rates have dropped across the C5W. Indeed, pre-leasing activity has been firm, and some Japanese companies are expanding their office footprints. That said, some foreign companies are looking to return floor space, and the large amount of new supply might dampen recovery going forward."

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