TOKYO -- Central Tokyo's market for large office buildings appears to be reaching a saturation point, with unoccupied space in properties with extended vacancies increasing twelvefold in the three years through 2024.
Property
Tokyo office buildings facing extended vacancies surge over past 3 years
Influx of redeveloped properties saturates market even as workers return
Space for lease in central Tokyo's large buildings at the end of 2025 is projected to grow nearly 20% from the end of 2014. (Photo by Hirofumi Yamamoto)
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