CBRE: All grade office rents for Hiroshima to rise by 5% 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 Hiroshima is expected to fall by 1 percentage points to around 2.5%. Between 4Q05 and 3Q15, the historical average vacancy rate was around 9%, and ranged between 3.5% and 15%. CBRE is looking for rents on all grade office space in Hiroshima to rise by 5% over the two years to 4Q17.

Source : CBRE/December 2015/Hiroshima/OFF