Sanko Estate Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President: Shojiro Fukushima) has released its "Office Market June 2026 Sapporo" report, summarizing office rental conditions in Sapporo for May 2026 (including vacancy rates, available areas, asking rents for all scales, and vacancy rates by major area) and market data for large-scale buildings across six major cities in Japan (Tokyo, Sapporo, Sendai, Nagoya, Osaka, and Fukuoka).
*Major Areas: Sapporo South Gate, North Gate, and Odori areas. *Survey Date: As of the end of May 2026.
Perspective from the Branch Manager "WeWork opened its first location in Hokkaido at 'THE VILLAGE SAPPORO,' completed in April 2026, and Regus's premium brand 'Signature' is set to open its first Hokkaido branch in 'Sapporo Daibiru,' scheduled for completion in April 2027. These are expected to attract demand for new establishments and short-term projects. This is supported by tenants' increasing awareness of service offices, and many have already used other locations." (Yoshitaka Takiguchi, Sapporo Branch Manager)
Sapporo Large-Scale Building Vacancy & Potential Vacancy Rate The vacancy rate was 3.53%, down 0.01 points from the previous month, remaining almost flat. While downsizing within major areas created some vacancies, absorption for expansion or building upgrades led to minimal net movement. The potential vacancy rate was 5.14%, down 0.03 points.
Office demand is centered on small-scale areas, and attracting tenants to new buildings continues to take time.
Sapporo Large-Scale Building Asking Rent & Available Area The asking rent was 13,163 yen/tsubo, down 90 yen from the previous month. Although this is the third consecutive month of decline, the movement is minor, and rents continue to track flat in the low 13,000 yen/tsubo range.
FACT BOX
- Source: PR TIMES
- Category: Survey
- Organizations: WeWork