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  • CBRE releases preliminary August 2012 data on vacancy rates and average rents in three major Japanese cities

CBRE releases preliminary August 2012 data on vacancy rates and average rents in three major Japanese cities

September 5, 2012
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​2012/09/05

Across Tokyo’s 23 wards, the vacancy rate decreased 0.3 points to 7.6%, Osaka saw a decrease of 0.3points to 9.6%, and Nagoya saw a decrease of 0.2 points to 11.4%.With regard to Grade A vacancies,Tokyo decreased 1.1 points to 9.1%, Osaka saw a decrease of 0.3 points to 10.8%, Nagoya was flat at 3.2%. For further details on each city, please refer to the following graphs.

 


Attachment: Press Release


Related Links: Japan Office MarketView


About CBRE Gro​up, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.​

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