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Tokyo's office space market softening ahead of 2018

Expected surge in supply keeping rents down despite low availability

The supply of new office buildings in Tokyo is expected to surge in 2018 and after.

TOKYO -- Tokyo's office property market is beginning to weaken despite very low availability on expectations of a spike in the supply of new office space in 2018.

Alarmed by the trend, commercial real estate developers are stepping up their marketing efforts, tweaking the designs of office buildings and taking steps to retain their tenants.

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