Office rent in Tokyo's Minato district 2014-2023

Published by Statista Research Department, Jan 11, 2024

The average office rent in Tokyo's Minato district declined to around 19.5 thousand Japanese yen per tsubo in December 2023. This represented a decrease from 19.8 thousand yen in the previous year. Minato is one of five major business districts in Tokyo.

Office rent in Tokyo's Minato district from 2014 to 2023 (in 1,000 Japanese yen per tsubo)

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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.

Excluding common area maintenance (CAM) charges and consumption tax.

Average rents are based on the terms of new offers for standard floors.

Tsubo is an area unit in the Japanese system of weights and measures (1 tsubo equals around 3.31 square meters).

100 Japanese yen equal 0.71 U.S. dollars or 0.64 euros as of January 2024.

Values have been rounded.

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