Mitsubishi Estate Real Estate Services Announces Office Market Trend Survey for Tokyo as of End of May 2026
Key facts
- Mitsubishi Estate Real Estate Services Announces Office Market Trend Survey for Tokyo as of End of May 2026
- Mitsubishi Estate Real Estate Services has released Tokyo office vacancy and rent trend data as of May 2026. The latent vacancy rate for the seven major wards was 2.38%, with average rent at 32,217 JPY per tsubo.
- Source: PR Times
- Date: June 10, 2026
Direct answer
Mitsubishi Estate Real Estate Services has released Tokyo office vacancy and rent trend data as of May 2026. The latent vacancy rate for the seven major wards was 2.38%, with average rent at 32,217 JPY per tsubo.
- Citation
- Mitsubishi Estate Real Estate Services Announces Office Market Trend Survey for Tokyo as of End of May 2026 (June 10, 2026), PR Times
- Source
- PR Times
- Date
- June 10, 2026
Mitsubishi Estate Real Estate Services has released Tokyo office vacancy and rent trend data as of May 2026. The latent vacancy rate for the seven major wards was 2.38%, with average rent at 32,217 JPY per tsubo.
📋 Article Processing Timeline
- 📰 Published: June 10, 2026 at 22:00
- 🔍 Collected: June 10, 2026 at 13:21
- 🤖 AI Analyzed: June 11, 2026 at 03:18 (13h 57m after Collected)
[Major Results]
- Potential vacancy rate for the 5 major wards was 1.98% (-0.21pt MoM), average rent was 37,328 JPY/tsubo (+625 JPY/tsubo MoM).
- Potential vacancy rate for the 7 major wards was 2.38% (-0.19pt MoM), average rent was 32,217 JPY/tsubo (+434 JPY/tsubo MoM).
[Area Trends and Structural Factors]
In the Yaesu, Kyobashi, and Nihombashi areas, low-mid-tier rent vacancies have been exhausted, and an increase in new listings at higher prices has pushed average rents past the 70,000 JPY/tsubo mark. Across the seven major wards, the contracted space in FY2025 reached approximately twice the newly listed space, indicating a persistent trend of 'excess demand and a landlord-favorable market.' Minato Ward saw a surge in contracted space as it absorbed relocation demand despite the completion of several large-scale properties.
(Note: Please refer to the full report on the official website for details.)
FAQ
What was the latent vacancy rate for Tokyo's seven major wards according to Mitsubishi Estate Real Estate Services' May 2026 survey?
The latent vacancy rate for Tokyo's seven major wards was 2.38% as of May 2026 according to Mitsubishi Estate Real Estate Services.
What was the average office rent per tsubo in Tokyo's seven major wards reported by Mitsubishi Estate Real Estate Services in May 2026?
The average office rent was 32,217 JPY per tsubo in Tokyo's seven major wards as reported by Mitsubishi Estate Real Estate Services in May 2026.
Which company released the Tokyo office market trend data for May 2026 including vacancy and rent statistics?
Mitsubishi Estate Real Estate Services released the Tokyo office market trend data for May 2026 including vacancy and rent statistics.
What specific date does the Mitsubishi Estate Real Estate Services office market survey cover for Tokyo's seven major wards?
The Mitsubishi Estate Real Estate Services office market survey covers data as of the end of May 2026 for Tokyo's seven major wards.
What was the exact average rent figure in JPY per tsubo recorded by Mitsubishi Estate Real Estate Services for Tokyo offices in May 2026?
The exact average rent figure was 32,217 JPY per tsubo for Tokyo offices recorded by Mitsubishi Estate Real Estate Services in May 2026.