Falling Vacancy Rates and Rising Rents in Central Tokyo
First written in FY2018. 1 of 5 entries say "Dropped", first in FY2019. Latest entry: FY2019.
0 other companies' latest entry also says "Dropped".
- FY2019DroppedAnnual report
「In the real estate industry in which the Group operates, building owners have remained highly bullish against the backdrop of rising land prices, making the process of reaching transactions somewhat more difficult.」
The previous descriptions of declining vacancy rates and rising rents in central Tokyo are absent, and the current fiscal year’s explanation of market conditions focuses on rising land prices and the bullish stance of building owners. - FY2019-Q3Continued decline in vacancy rates and inbound demandAnnual report
「In the real estate industry, office vacancy rates continued to decline, as demand for relocations involving expansion and additional floor space persisted and there were few cancellations. In addition, the number of overseas visitors to Japan reached a record-high level, and inbound consumption remained solid.」
The Company states that office vacancy rates continued to decline, supported by sustained demand for relocations involving expansion and additional floor space and the low number of cancellations, while the number of overseas visitors to Japan and inbound consumption also remained solid. - FY2019-Q2Additional real estate market factorsAnnual report
「The real estate industry in which the Group operates continues to see solid demand, including rising inbound demand and declining office vacancy rates in major cities.」
In addition to the previously described decline in vacancy rates and increase in rents in central Tokyo, the Company cites rising inbound demand and declining office vacancy rates in major cities as factors supporting solid real estate demand. - FY2019-Q1Expanded coverage of real estate market conditionsAnnual report
「The real estate industry, the market for the Group's core business, has continued to receive capital inflows from Japan and overseas, supported by monetary easing, and favourable market conditions have persisted over an extended period.」
The Company describes the prolonged favourable conditions across the real estate market, driven by monetary easing and capital inflows from Japan and overseas, in addition to trends in vacancy rates and rents in central Tokyo. - FY2018First statedAnnual report
「In the real estate market, supported by strong corporate earnings, vacancy rates have declined and rents have continued to rise moderately in central Tokyo, leaving market conditions firm in the near term.」
For the central Tokyo real estate market, the Company for the first time describes its view of market conditions as continued declines in vacancy rates and gradual increases in rents.