Office vacancy rate for new buildings in Tokyo's business districts 2014-2023

Published by Statista Research Department, Jan 11, 2024

The vacancy rate for newly built office space in Tokyo's main business districts stood at around 32.2 percent in December 2023, up from 28.6 percent in the previous year. The lowest vacancy rate was recorded in 2020 at 2.95 percent. Tokyo's main business districts include Chiyoda, Chuo, Minato, Shinjuku, and Shibuya.

Office vacancy rate for new buildings in Tokyo's main business districts from 2014 to 2023

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Release date

January 2024

Region

Japan

Survey time period

2014 to 2023

Special properties

as of December each year

Supplementary notes

Business districts here include Chiyoda, Chuo, Minato, Shinjuku, and Shibuya.

Office buildings for rent with a standard floor area of 100 tsubo or more.

New buildings are defined as buildings completed in the past 12 months, including the month of the survey.

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