Commercial rents fell by 3.5% in Tokyo in the 1st half of the year

Featured image of the article Commercial rents fell by 3.5% in Tokyo in the 1st half of the year

An article by Sophie Baqué

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Publication

16 October 2024 à 16h06

Updated on 18 October 2024 à 18h07

Reading time

2 minutes

Publication: 16 October 2024 à 16h06, Updated on 18 October 2024 à 18h07

Reading time: 2 minutes

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An article by Sophie Baqué

Add mind Retail to your sources
Publication

16 October 2024 à 16h06

Updated on 18 October 2024 à 18h07

Reading time

2 minutes

Publication: 16 October 2024 à 16h06, Updated on 18 October 2024 à 18h07

Reading time: 2 minutes

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According to Savills’ October 2024 report, retail rents for ground floor stores in Tokyo fell by 3.5% in the 6 months to the end of June 2024. This fall in rental values is explained by the withdrawal from the market of the most qualitative retail locations.

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Article authors
Featured image of the article Sophie Baqué
Sophie Baqué Chief Editor of mind Retail
Featured image of the article Sophie Baqué
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