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The Building Group announced the results of a survey on March 11, of office building market conditions in major areas of the six major metropolises (Tokyo, Nagoya, Osaka, Fukuoka, Sapporo, and Sendai) for February 2020. The survey targeted office buildings with a vacancy rate of 100 tsubo* (330.579 square meters) or more of standard floor area and office buildings with rental contracts for estimated amounts of 100 to 300 tsubo (991.736 square meters). The average...

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The Ministry of Land, Infrastructure, Transport and Tourism released the “Land Price LOOK Report” (Q4 2019), which summarizes trends in the land prices of highly-used land in major cities, on the 14th. The survey was conducted in 43 districts in Tokyo, 25 districts in Osaka, 9 districts in Nagoya, and 23 districts for a total of 100 districts (32 residential districts and 68 commercial districts). During the period under review (October 1, 2007-January 1, 2008),...