CBRE: Broadly favourable conditions for office markets in Tokyo and elsewhere in 2016
In its recently published 2016 Japan Outlook, CBRE Research noted that most dynamics are positive for the office markets of Japan – in Greater Tokyo and elsewhere. Half of the new Grade A supply in Tokyo has been pre-let. The supply/demand balance is also tightening in other cities. In outer areas of Greater Tokyo, record new supply may pose challenges. CBRE found that investors have been diversifying into regional cities and alternative assets in their quest for yield.
Source : CBRE/December 2015/Tokyo/OFF