Prologis Park Zama 2

According to research by Ichigo Real Estate Service, the vacancy rate for distribution facilities in greater Tokyo in October 2012 was 2.5%. While this figure has increased by 0.2% since the last data collection in July, it remains at a very low level.

With the completion of Prologis Park Zama 2 in August, the new supply of distribution facilities reached a three year high of 808,500 sqm (8,699,460 sqft). Most of the new space was taken up by demand, which reached 735,000 sqm (7,918,284 sqft). This helped to limit the rise in the vacancy rate.


This content is available to paid subscribers only.

Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,200 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.

To join our paid subscription service and access over 3,200 news articles on Japan's real estate market, please register here.

Already a paid member? Log-in using your details below.