Office vacancy rate in Tokyo's Shinjuku district 2014-2023
The vacancy rate for office space in Tokyo's Shinjuku district stood at 5.07 percent in December 2023, dropping from 5.87 percent in the previous year. The lowest vacancy rate in the past 10 years was recorded in 2018 at 1.72 percent. Shinjuku is one of five major business districts in Japan's capital Tokyo.