TOKYO -- Vacancy rates for office space in central Tokyo dropped under 2% for the first time since the days of the bubble economy in 1991 on robust demand from a range of sectors, including games and information technology.
Vacancies for office buildings in the five Tokyo wards of Chiyoda, Chuo, Minato, Shinjuku and Shibuya slid 0.22 percentage point on the month to 1.98% in November, according to brokerage Miki Shoji. The rate fell a fourth straight month and was down roughly 30% from a year earlier.
