Rents rise nationwide
but growth momentum weakens in some cities

Tokyo Grade A vacancy rate rose 0.4 points q-o-q to 0.9%, the first increase in three quarters. Tokyo Grade A rents rose by 0.5% q-o-q to JPY 39,000 per tsubo. 
Osaka Grade A vacancy rate rose 0.3 point q-o-q to 0.5%. Osaka Grade A rents rose by 2.1% q-o-q to JPY 26,500 per tsubo.
Nagoya Grade A vacancy rate rose 1.1 point q-o-q to 1.2%. Nagoya Grade A rents rose by 1.4% q-o-q to JPY 28,200 per tsubo.