[Sendai Edition] Latest Office Market Report Announced: Office Vacancy Rate Slightly Decreases from Previous Month

Sanko Estate Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President: Shojiro Fukushima) announces the "Office Market May 2026 Sendai Edition," which compiles data on the Sendai City office leasing situation for April 2026 (vacancy rate & current vacant area: all sizes, asking rent & asking area: all sizes, vacancy rate by size, major area *1 vacancy rate: all sizes) and market data for large-scale buildings in Japan's six major cities (Tokyo, Sapporo, Sendai, Nagoya, Osaka, Fukuoka). *1: Major areas = Sendai Station West Area, Station East Area *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 The "(Provisional) Sendai Aoba-ku Ichibancho Office Development Project," the 7th project of the Sendai City Center Redevelopment Project, is less than a year away from its completion in March 2027, with steel frames steadily being assembled. Public space will be developed in front of the ground-floor retail area, and a terrace will be installed on the rooftop. In Sendai, tenant attraction tends to become active after completion, and this project is expected to attract attention from tenants considering relocation as a rare new supply. (Yoichi Sekine, Sendai Branch Manager) Sendai City All-Size Buildings Vacancy Rate & Potential Vacancy Rate Vacancy rate slightly decreased from the previous month; "Ekimae-Nishi" falls into the 4% range for the first time in 12 months. The vacancy rate was 5.33%, a decrease of 0.05 points from the previous month, showing a slight decline. Vacancy absorption is progressing, mainly in new and recently built buildings, due to relocations aimed at expansion and improvement of building grade. By area, "Ekimae-Nishi" fell into the 4% range for the first time in 12 months. The potential vacancy rate was 6.83%, an increase of 0.09 points from the previous month. Office demand is centered on small-lot areas, and many cases of in-building relocations are also observed. Sendai City All-Size Buildings Asking Rent & Asking Area Asking rent rises for the first time in 5 months, trending flat around 12,000 yen/tsubo. The asking rent was 12,092 yen/tsubo, an increase of 148 yen/tsubo from the previous month. It rose for the first time in 5 months, and rents are trending flat around 12,000 yen/tsubo. 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 management functions essential for project execution, we widely meet all needs related to offices.