CBRE: All grade office rents for Fukuoka to rise by nearly 14% over two years to 4Q17

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In its recently published 2016 Japan Outlook, CBRE Research noted that the vacancy rate on all grade office space in Fukuoka is expected to fall by 2.6 percentage points to around 1.5%. Between 4Q05 and 3Q15, the historical average vacancy rate was around 8%, and ranged between about 4% and 15%. CBRE is looking for rents on all grade office space in Fukuoka to rise by almost 14% over the two years to 4Q17.

Source : CBRE/December 2015/Fukuoka/OFF