[Osaka Edition] Latest Office Market Report Announced: Office Vacancy Rate Declines for 3 Consecutive Months

Sanko Estate Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President: Shojiro Fukushima) announces the 'Office Market April 2026 Osaka' report, which summarizes the Osaka City office leasing situation for March 2026 (vacancy rate & current vacant area: large-scale, asking rent & asking area: large-scale, vacancy rate by scale, vacancy rate of major 3 wards*1: large-scale) and market data for large-scale buildings in six major cities nationwide (Tokyo, Sapporo, Sendai, Nagoya, Osaka, Fukuoka).

*1: Major 3 wards = Kita Ward, Chuo Ward, Nishi Ward in Osaka City

*Survey period: As of end of March 2026 and as of December 31st each year

※This release and public data can also be viewed from the following URL https://www.sanko-e.co.jp/data/

Branch Manager's Perspective

Yodoyabashi Gate Tower, completed in December last year, has successfully attracted tenants by absorbing demand from companies relocating from their own buildings or consolidating from nearby areas. Its huge floor plate of approximately 1,100 tsubo (approx. 3,630 sqm) is seen as a strong appeal. Going forward, with no plans for new buildings with floor plates exceeding 500 tsubo, existing buildings with large floor plates are likely to attract significant attention once vacancies become available. (Yasushi Morimoto, Osaka Branch Manager)

Osaka City Large-Scale Building Vacancy Rate & Potential Vacancy Rate

Vacancy Rate Declines for 3 Consecutive Months; Chuo Ward Sees Significant 0.7 Point Drop

The vacancy rate decreased by 0.26 percentage points from the previous month to 2.38%, marking a decline for the third consecutive month. The absorption of significant vacant spaces in new buildings is the main contributing factor to this decrease. By area, Chuo Ward saw a substantial decrease of 0.7 percentage points compared to the previous month. The potential vacancy rate decreased by 0.22 percentage points from the previous month to 4.09%.

The sense of scarcity is intensifying, and an increasing number of tenants are postponing relocation plans due to the lack of properties that meet their desired conditions.