In December 2022, the monthly rent for office property in the three central business districts of Tokyo owned by Japanese real estate investment trusts (J-REITs) amounted to around 23.3 thousand Japanese yen per tsubo. Offices in Nagoya City had a monthly rent of 16.7 thousand yen per tsubo.
Average monthly rent for office buildings owned by real estate investment trusts (J-REITs) in Japan from 2013 to 2022, by location
(in 1,000 Japanese yen per tsubo)
Characteristic
Tokyo 3 CBDs
Tokyo 23 wards
Tokyo Metropolitan Area
Nagoya City
Osaka City
Fukuoka City
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Association for Real Estate Securitization. (October 30, 2023). Average monthly rent for office buildings owned by real estate investment trusts (J-REITs) in Japan from 2013 to 2022, by location (in 1,000 Japanese yen per tsubo) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1415378/japan-rent-for-office-property-owned-by-reits-by-location/
Association for Real Estate Securitization. "Average monthly rent for office buildings owned by real estate investment trusts (J-REITs) in Japan from 2013 to 2022, by location (in 1,000 Japanese yen per tsubo)." Chart. October 30, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1415378/japan-rent-for-office-property-owned-by-reits-by-location/
Association for Real Estate Securitization. (2023). Average monthly rent for office buildings owned by real estate investment trusts (J-REITs) in Japan from 2013 to 2022, by location (in 1,000 Japanese yen per tsubo). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1415378/japan-rent-for-office-property-owned-by-reits-by-location/
Association for Real Estate Securitization. "Average Monthly Rent for Office Buildings Owned by Real Estate Investment Trusts (J-reits) in Japan from 2013 to 2022, by Location (in 1,000 Japanese Yen per Tsubo)." Statista, Statista Inc., 30 Oct 2023, https://www.statista.com/statistics/1415378/japan-rent-for-office-property-owned-by-reits-by-location/
Association for Real Estate Securitization, Average monthly rent for office buildings owned by real estate investment trusts (J-REITs) in Japan from 2013 to 2022, by location (in 1,000 Japanese yen per tsubo) Statista, https://www.statista.com/statistics/1415378/japan-rent-for-office-property-owned-by-reits-by-location/ (last visited August 24, 2024)
Average monthly rent for office buildings owned by real estate investment trusts (J-REITs) in Japan from 2013 to 2022, by location (in 1,000 Japanese yen per tsubo) [Graph], Association for Real Estate Securitization, October 30, 2023. [Online]. Available: https://www.statista.com/statistics/1415378/japan-rent-for-office-property-owned-by-reits-by-location/