Property

Tokyo office rents surge as race for prime locations heats up

Latest rent increase the largest since 'mini' bubble right before global financial crisis

20251005N Tokyo Marunouchi

Office rent in Tokyo has risen to levels not seen since the period leading up to the 2008 global financial crisis. (Photo by Sae Kamae)

MISAKI MORIKAWA, KOSUKE IGUCHI and TAKUMI TAMURA
November 6, 2025 03:47 JST

TOKYO -- Office rents are on the rise in Tokyo, jumping by 10% this fall, a Nikkei survey shows, as businesses scramble to secure prime locations to lure talent from a shrinking pool of professionals.

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