[Sapporo Edition] Latest Office Market Report Announced: Office Vacancy Rate Slightly Rises for 3 Consecutive Months

Sanko Estate Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President: Shojiro Fukushima) announces the publication of "Office Market May 2026 Sapporo," which compiles office leasing conditions in Sapporo for April 2026 (vacancy rate & current vacant area: all sizes, asking rent & asking area: all sizes, vacancy rate by size, vacancy rate in major areas*1: all sizes) and market data for large buildings in Japan's six major cities (Tokyo, Sapporo, Sendai, Nagoya, Osaka, Fukuoka). *1: Major areas = Sapporo South Exit Area, North Exit Area, Odori Area *Survey period: As of end of April 2026 and as of December 31 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 Existing buildings in major areas have high occupancy rates, especially properties with strong competitive advantages such as location. In many cases, even if vacant space arises, it is leased at a higher rent level than before. On the other hand, new supply of large areas exceeding 10,000 tsubo is expected for four consecutive years from 2023, indicating many options in new and newer buildings. Leasing activities for new buildings tend to be prolonged, but cases are also seen where tenant attraction progresses through campaigns such as free rent. (Keiki Takiguchi, Sapporo Branch Manager) Sapporo Large Building Vacancy Rate & Potential Vacancy Rate Vacancy rate slightly rises for 3 consecutive months; "South Exit" sees a significant 0.8-point increase The vacancy rate was 3.54%, up 0.14 points from the previous month, marking a slight increase for the third consecutive month. The completion of new buildings with significant vacant space was a contributing factor to this rise. By area, "South Exit" saw a significant increase of 0.8 points from the previous month. The potential vacancy rate was 5.17%, up 0.33 points from the previous month. Tenant relocation movements are mainly centered on small-sized areas across a wide range of industries. Sapporo Large Building Asking Rent & Asking Area Asking rent slightly declines for 2 consecutive months, flat in the early 13,000 yen/tsubo range The asking rent was 13,253 yen/tsubo, down 44 yen/tsubo from the previous month. It slightly declined for the second consecutive month but remained a minor movement, staying flat in the early 13,000 yen/tsubo range. 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 selecting and brokering rental office buildings to verifying and proposing optimal workplaces, and providing management functions essential for project execution, we widely meet all office-related needs.