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Reports

2025.3.19 Market

Industrial Market Research January 2025

【Greater Tokyo】
Vacancy Rate: 9.0% (QoQ +0.4%)
Asking Rent: 4,700 JPY/Tsubo (QoQ -1.7%)
[Summary] The vacancy rate in Greater Tokyo has been continuously rising, while the asking rent have been declining for three consecutive quarters.

【Kansai Area】
Vacancy Rate: 3.6% (QoQ +-0%)
Asking Rent: 4,230JPY/Tsubo (QoQ +1.7%)
[Summary] The demand-supply balance in Kansai Area is stable, while the asking rent is rising slightly.

【Chukyo Area】
Vacancy Rate: 11.0% (QoQ -0.6%)
Asking Rent: 3,160JPY/Tsubo (QoQ -1.3%)
[Summary] The new supply in Chukyo Area in 2025 is expected to reach a record high, and the vacancy rate is expected to remain high.

【Kyushu Area】
Vacancy Rate: 3.2% (QoQ -0.3%)
Asking Rent: 3,300JPY/Tsubo (QoQ +0.6%)
[Summary] The vacancy rate in Kyushu Area is low, the rental market is strong, and rents remain stable.

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