Office vacancy rate in Tokyo's Shibuya district 2014-2023

Published by Statista Research Department, Jan 11, 2024

Vacancy rates for office space in Shibuya district in Japan's capital Tokyo stood at 4.34 percent in December 2023. The lowest year-end vacancy rate during the surveyed period was recorded in 2018 at 1.24 percent. Despite the rising vacancy rate, Shibuya was the ward with the highest average office rents among Tokyo's five major business districts.

Office vacancy rate in Tokyo's Shibuya district 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

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

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