Tokyo Grade A office rents decline 7.6% YoY in Q4

The vacancy rate also increased 1.8ppts to 2.8%. Rents in Tokyo’s Grade A office market declined 2.0% QoQ and 7.6% YoY to JPY33,681 per tsubo, and vacancy increased 0.3ppts QoQ and 1.8ppts YoY to 2.8% ... ( read original story ...)