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  • CBRE Japan releases preliminary May 2014 data on office vacancy rates and average rents in three major cities

CBRE Japan releases preliminary May 2014 data on office vacancy rates and average rents in three major cities

June 11, 2014
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In Tokyo’s 23 wards, the May all-grade vacancy rate was flat at 4.7%, Osaka saw a decrease of 0.1 points month-over-month (m-o-m) to 7.5%, and Nagoya increased 0.1 points m-o-m to 7.6%.

With regard to Grade A vacancies, Tokyo decreased 0.2 points m-o-m to 3.7%, Osaka saw a decrease of 0.8 points m-o-m to 9.6%, and Nagoya increased 0.1 points m-o-m to 3.3%. For further details on each city, please refer to the PDF below.

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.​

Official Twitter account for Japan: @cbrejapan

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