In its recently published 2016 Japan Outlook, CBRE Research noted that the vacancy rate on all grade office space in Kobe is expected to fall by 1.8 percentage points to around 5%. Between 4Q05 and 3Q15, the historical average vacancy rate was around 10%, and ranged between 7% and 17.5%. CBRE is looking for rents on all grade office space in Kobe to rise by 8% over the two years to 4Q17.

Source : CBRE/December 2015/Kobe/OFF