Tokyo office vacancies plumb historic lows -- but virus fears loom

Pandemic and weak economy threaten robust office demand

20200312N Tokyo

Tokyo's Minato Ward. Office vacancy rates continue to plummet in the city. © Reuters

KOJI TANAKA, Nikkei staff writer

TOKYO -- Tokyo's office vacancy rate fell to a record low of 1.49% in figures out Thursday amid the calm before a possible storm caused by the new coronavirus.

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