[Osaka Edition] Latest Office Market Report Announced: Office Vacancy Rate Declines for 4 Consecutive Months
Sanko Estate announced its May 2026 'Office Market Osaka' report, detailing the Osaka city office leasing situation for April 2026. The vacancy rate for large-scale buildings in Osaka city decreased for the fourth consecutive month to 2.17%, and advertised rents rose for the seventh consecutive month to 20,427 yen/tsubo. Office demand remains robust.
📋 Article Processing Timeline
- 📰 Published: May 14, 2026 at 00:00
- 🔍 Collected: May 13, 2026 at 15:32
- 🤖 AI Analyzed: May 13, 2026 at 16:02 (30 min after Collected)
Sanko Estate Co., Ltd. (Headquarters: Chuo-ku, Tokyo; Representative Director and President: Shojiro Fukushima) announces the publication of its "Office Market May 2026 Osaka" report, which summarizes the office leasing situation in Osaka City for April 2026 (vacancy rate & current vacant area: large-scale, advertised rent & advertised area: large-scale, vacancy rate by scale, vacancy rate of the three major wards*1: large-scale) and market data for large-scale buildings in Japan's six major cities (Tokyo, Sapporo, Sendai, Nagoya, Osaka, Fukuoka).
*1: Three major wards = Kita-ku, Chuo-ku, Nishi-ku in Osaka City
*Survey period: As of the end of April 2026 and as of December 31st each year
*This release and public data can also be viewed at the following URL: https://www.sanko-e.co.jp/data/
## Branch Manager's Perspective
When relocating from a company-owned building to a rental building, it was previously common for older company-owned buildings to be sold and rebuilt into condominiums or similar properties. In recent years, however, there has been an increase in relocations from company-owned buildings that have not yet reached their rebuilding period, driven by motives such as securing an advantage in recruitment activities and promoting communication. As a result, there are also cases where former company-owned buildings are operated as rental buildings, and amidst a strong sense of scarcity of available floor space, a new cycle is beginning in the market. (Yasushi Morimoto, Osaka Branch Manager)
## Osaka City Large-Scale Building Vacancy Rate & Potential Vacancy Rate
Vacancy Rate Declines for 4 Consecutive Months, "Chuo-ku" Sees a Significant 0.5 Point Drop
The vacancy rate decreased by 0.21 points from the previous month to 2.17%, marking a decline for the fourth consecutive month. Following the previous month, a significant amount of vacant space in new buildings was absorbed, which is the main factor for the decrease. By area, "Chuo-ku" saw a significant decrease of 0.5 points from the previous month. The potential vacancy rate decreased by 0.18 points from the previous month to 3.91%.
Office demand continues to be robust. The demand for relocation from company-owned buildings to rental buildings also remains high.
## Osaka City Large-Scale Building Advertised Rent & Advertised Area
Advertised Rent Rises for 7 Consecutive Months, Gentle Upward Trend Continues
The advertised rent increased by 294 yen/tsubo from the previous month to 20,427 yen/tsubo. Rents have risen for seven consecutive months, and a gentle upward trend continues.
## Osaka City Vacancy Rate by Scale
## Osaka City Large-Scale Building Vacancy Rate in Three Major Wards
## Trend of Vacancy Rates (Six Major Cities, Large-Scale Buildings)
## Trend of Advertised Rents (Six Major Cities, Large-Scale Buildings, Major Station Front Areas)
Sanko Estate HP: https://www.sanko-e.co.jp/
## About Sanko Estate Co., Ltd.
Sanko Estate Co., Ltd. (established May 17, 1977) comprehensively supports corporate office strategies. From assisting in the selection and brokerage of rental office buildings to verifying and proposing optimal workplaces, and providing essential management functions for project execution, we widely meet all office-related needs.
*1: Three major wards = Kita-ku, Chuo-ku, Nishi-ku in Osaka City
*Survey period: As of the end of April 2026 and as of December 31st each year
*This release and public data can also be viewed at the following URL: https://www.sanko-e.co.jp/data/
## Branch Manager's Perspective
When relocating from a company-owned building to a rental building, it was previously common for older company-owned buildings to be sold and rebuilt into condominiums or similar properties. In recent years, however, there has been an increase in relocations from company-owned buildings that have not yet reached their rebuilding period, driven by motives such as securing an advantage in recruitment activities and promoting communication. As a result, there are also cases where former company-owned buildings are operated as rental buildings, and amidst a strong sense of scarcity of available floor space, a new cycle is beginning in the market. (Yasushi Morimoto, Osaka Branch Manager)
## Osaka City Large-Scale Building Vacancy Rate & Potential Vacancy Rate
Vacancy Rate Declines for 4 Consecutive Months, "Chuo-ku" Sees a Significant 0.5 Point Drop
The vacancy rate decreased by 0.21 points from the previous month to 2.17%, marking a decline for the fourth consecutive month. Following the previous month, a significant amount of vacant space in new buildings was absorbed, which is the main factor for the decrease. By area, "Chuo-ku" saw a significant decrease of 0.5 points from the previous month. The potential vacancy rate decreased by 0.18 points from the previous month to 3.91%.
Office demand continues to be robust. The demand for relocation from company-owned buildings to rental buildings also remains high.
## Osaka City Large-Scale Building Advertised Rent & Advertised Area
Advertised Rent Rises for 7 Consecutive Months, Gentle Upward Trend Continues
The advertised rent increased by 294 yen/tsubo from the previous month to 20,427 yen/tsubo. Rents have risen for seven consecutive months, and a gentle upward trend continues.
## Osaka City Vacancy Rate by Scale
## Osaka City Large-Scale Building Vacancy Rate in Three Major Wards
## Trend of Vacancy Rates (Six Major Cities, Large-Scale Buildings)
## Trend of Advertised Rents (Six Major Cities, Large-Scale Buildings, Major Station Front Areas)
Sanko Estate HP: https://www.sanko-e.co.jp/
## About Sanko Estate Co., Ltd.
Sanko Estate Co., Ltd. (established May 17, 1977) comprehensively supports corporate office strategies. From assisting in the selection and brokerage of rental office buildings to verifying and proposing optimal workplaces, and providing essential management functions for project execution, we widely meet all office-related needs.