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WeWork emerges as a major force in Tokyo's sizzling office market

Shared workspace provider helps fuel biggest real estate boom since bubble years

In just 10 months, WeWork has become a major player in Tokyo's shared workspace market.   © Reuters

TOKYO -- Shared workspace provider WeWork is shaping up as a powerful force in Tokyo's office real estate market, which is basking in its biggest boom since the bubble years of the early 1990s.

The fast-growing American startup, noted for its sleek, stylish workspaces, has been expanding rapidly in Tokyo's prime business districts since entering the market in February, as the office vacancy rate in the capital hits its lowest level in decades.

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