Residential Market

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Publication

Residential

Tokyo Residential Leasing Q3/2020

"Average multi-family rents continued to soften in Q3/2020, though occupancy has held steady. Amidst the ongoing COVID-19 outbreak in Tokyo, companies are expected to maintain remote and flexible working arrangements for the time being. Preferences for residential unit type, size, and location appear to be shifting as a result."

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Publication

Residential

Tokyo Residential Leasing Q2/2020

"After two quarters of solid growth, average multi-family rents across the 23W and C5W saw a slight pullback in Q2/2020. It is, however, too early to tell whether this is just a short-term correction or the opening salvo of a bearish leasing market. Encouragingly, Tokyo still witnessed an inflow of young residents during the lockdown."

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