Tokyo Class A office rents are estimated to be approximately 20% higher in 2030 than in 2025, while the vacancy rate in central Tokyo is expected to remain at or below 3% under the standard scenario.
Under the standard scenario, the vacancy rate for Class A buildings in central Tokyo is forecast to remain below 3% from 2026 to 20210.
The contracted rent forecast is expressed as relative values with 2025 set as the base year at 100. The figure is expected to be 114 in 2026, 118 in 2027 and 120 in 2030.
These figures are based on estimates by Nikkei Real Estate Market Information, and assumed rents in 2030 are expected to be approximately 20% higher than in 2025.