{"id":5494,"date":"2021-10-13T17:17:00","date_gmt":"2021-10-13T09:17:00","guid":{"rendered":"https:\/\/aprea.asia\/?post_type=knowledge-hub&#038;p=5494"},"modified":"2025-04-01T17:19:21","modified_gmt":"2025-04-01T09:19:21","slug":"tokyo-office-leasing-q3-2021savills","status":"publish","type":"knowledge-hub","link":"https:\/\/www.aprea.asia\/zh_hk\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/","title":{"rendered":"Tokyo Office Leasing Q3\/2021(Savills)"},"content":{"rendered":"<p id=\"txt_01\" class=\"\"><strong>Market softening continues<\/strong><\/p>\n\n\n\n<p class=\"\">The rapid vaccine rollout, increasing corporate profits, and limited supply should give the market some much needed breathing room.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li class=\"\">The lukewarm market sentiment continued to weigh on office rents and vacancy in the central five wards (C5W) this quarter.<\/li>\n\n\n\n<li class=\"\">Average Grade A office market rents in the C5W fell 2.2% quarter-on-quarter (QoQ) and 8.2% year-on-year (YoY), and now stand at JPY34,370 per tsubo per month.<\/li>\n\n\n\n<li class=\"\">The average Grade A office vacancy rate in the C5W increased by 0.8 percentage points (ppts) QoQ and 1.8ppts YoY to 2.5% in Q3\/2021.<\/li>\n\n\n\n<li class=\"\">Average large-scale Grade B office rents declined to JPY26,106 per tsubo per month \u2013 a contraction of 2.5% QoQ and 8.4% YoY.<\/li>\n\n\n\n<li class=\"\">The average vacancy rate in the Grade B market loosened by 0.5ppts QoQ and 2.3ppts YoY to 3.3%.<\/li>\n\n\n\n<li class=\"\">With the rapid vaccination rollout, strong corporate profit growth and limited supply until 2023, market sentiment should begin to stabilise or even improve.<\/li>\n\n\n\n<li class=\"\">The poor performance of less accessible and older offices remains a drag on the office market overall. Meanwhile, tenant preferences for easily accessible and new offices persist.<\/li>\n<\/ul>\n\n\n\n<p class=\"\">\u672c\u6587\u539f\u8f09\u65bc&nbsp;<a href=\"https:\/\/www.savills.com.hk\/\"><\/a><a href=\"https:\/\/www.savills.com.hk\/\"><\/a><a href=\"https:\/\/www.savills.com.hk\/\"><\/a><a href=\"https:\/\/www.savills.com.hk\/\">https:\/\/www.savills.com.hk\/<\/a><\/p>","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":true},"kh_category":[30],"class_list":["post-5494","knowledge-hub","type-knowledge-hub","status-publish","hentry","kh_category-thought-leadership"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tokyo Office Leasing Q3\/2021(Savills) - Asia Pacific Real Assets Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.aprea.asia\/zh_hk\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/\" \/>\n<meta property=\"og:locale\" content=\"zh_HK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tokyo Office Leasing Q3\/2021(Savills) - Asia Pacific Real Assets Association\" \/>\n<meta property=\"og:description\" content=\"Market softening continues The rapid vaccine rollout, increasing corporate profits, and limited supply should give the market some much needed breathing room. This article was originally published in&nbsp;https:\/\/www.savills.com.hk\/\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.aprea.asia\/zh_hk\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/\" \/>\n<meta property=\"og:site_name\" content=\"Asia Pacific Real Assets Association\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-01T09:19:21+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u9810\u8a08\u95b1\u8b80\u6642\u9593\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 \u5206\u9418\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.aprea.asia\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/\",\"url\":\"https:\/\/www.aprea.asia\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/\",\"name\":\"Tokyo Office Leasing Q3\/2021(Savills) - Asia Pacific Real Assets Association\",\"isPartOf\":{\"@id\":\"https:\/\/www.aprea.asia\/#website\"},\"datePublished\":\"2021-10-13T09:17:00+00:00\",\"dateModified\":\"2025-04-01T09:19:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.aprea.asia\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/#breadcrumb\"},\"inLanguage\":\"zh-HK\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.aprea.asia\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.aprea.asia\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.aprea.asia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Knowledge Hub\",\"item\":\"https:\/\/www.aprea.asia\/knowledge-hub\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Tokyo Office Leasing Q3\/2021(Savills)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.aprea.asia\/#website\",\"url\":\"https:\/\/www.aprea.asia\/\",\"name\":\"Asia Pacific Real Assets Association\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.aprea.asia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"zh-HK\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tokyo Office Leasing Q3\/2021(Savills) - Asia Pacific Real Assets Association","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.aprea.asia\/zh_hk\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/","og_locale":"zh_HK","og_type":"article","og_title":"Tokyo Office Leasing Q3\/2021(Savills) - Asia Pacific Real Assets Association","og_description":"Market softening continues The rapid vaccine rollout, increasing corporate profits, and limited supply should give the market some much needed breathing room. This article was originally published in&nbsp;https:\/\/www.savills.com.hk\/","og_url":"https:\/\/www.aprea.asia\/zh_hk\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/","og_site_name":"Asia Pacific Real Assets Association","article_modified_time":"2025-04-01T09:19:21+00:00","twitter_card":"summary_large_image","twitter_misc":{"\u9810\u8a08\u95b1\u8b80\u6642\u9593":"1 \u5206\u9418"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.aprea.asia\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/","url":"https:\/\/www.aprea.asia\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/","name":"Tokyo Office Leasing Q3\/2021(Savills) - Asia Pacific Real Assets Association","isPartOf":{"@id":"https:\/\/www.aprea.asia\/#website"},"datePublished":"2021-10-13T09:17:00+00:00","dateModified":"2025-04-01T09:19:21+00:00","breadcrumb":{"@id":"https:\/\/www.aprea.asia\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/#breadcrumb"},"inLanguage":"zh-HK","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.aprea.asia\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.aprea.asia\/knowledge-hub\/tokyo-office-leasing-q3-2021savills\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.aprea.asia\/"},{"@type":"ListItem","position":2,"name":"Knowledge Hub","item":"https:\/\/www.aprea.asia\/knowledge-hub\/"},{"@type":"ListItem","position":3,"name":"Tokyo Office Leasing Q3\/2021(Savills)"}]},{"@type":"WebSite","@id":"https:\/\/www.aprea.asia\/#website","url":"https:\/\/www.aprea.asia\/","name":"\u4e9e\u592a\u623f\u5730\u7522\u5354\u6703","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.aprea.asia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-HK"}]}},"_links":{"self":[{"href":"https:\/\/www.aprea.asia\/zh_hk\/wp-json\/wp\/v2\/knowledge-hub\/5494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aprea.asia\/zh_hk\/wp-json\/wp\/v2\/knowledge-hub"}],"about":[{"href":"https:\/\/www.aprea.asia\/zh_hk\/wp-json\/wp\/v2\/types\/knowledge-hub"}],"wp:attachment":[{"href":"https:\/\/www.aprea.asia\/zh_hk\/wp-json\/wp\/v2\/media?parent=5494"}],"wp:term":[{"taxonomy":"kh_category","embeddable":true,"href":"https:\/\/www.aprea.asia\/zh_hk\/wp-json\/wp\/v2\/kh_category?post=5494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}