According to Miki Shoji's Office Report for April, 2013, vacancy rates improved but rents continued to fall. The office vacancy rate in Tokyo's central business districts (Chiyoda, Chuo, Minato, Shinjuku and Shibuya) dropped by 0.02 points to 8.54%. This is the second month of decline. The vacancy rate in brand new buildings was 17.31%, down 5.93 points from last month.
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