In its recently published 2016 Japan Outlook, CBRE Research noted that the vacancy rate on All grade office space in Sendai is expected to fall by 1.5 percentage points to around 5%. Between 4Q05 and 3Q15, the historical average vacancy rate was around 10%, and ranged between 5% and 23%. CBRE is looking for rents on all grade office space in Sendai to rise by 10% over the two years to 4Q17.

Source : CBRE/December 2015/Sendai/OFF