Key facts
- Tokyo's office vacancy rate reached 1.5% in the first quarter.
- This figure is the lowest among major global cities.
- Companies are increasingly bringing employees back to the workplace.
- Face-to-face communication is a valued aspect of the workplace.
The office vacancy rate in Tokyo decreased to 1.5% during the first quarter of the year, positioning it as the lowest among major global cities. This trend is largely driven by a post-pandemic recovery in office demand, as companies increasingly encourage employees to return to in-person work. The emphasis on face-to-face communication within workplaces is a key factor contributing to this robust recovery in office space utilization.