CBRE: All grade office rents for Yokohama to rise by 11% over two years to 4Q17
In its recently published 2016 Japan Outlook, CBRE Research noted that the vacancy rate on all grade office space in Yokohama is expected to fall by 0.6 percentage points to around 4.5%. Between 4Q05 and 3Q15, the historical average vacancy rate was around 6%, and ranged between 1.5% and 12.5%. CBRE is looking for rents on all grade office space in Yokohama to rise by 11% over the two years to 4Q17.
Source : CBRE/December 2015/Yokohama/OFF