World Trade Center Building closes its doors
The World Trade Center Building in Hamamatsucho, Tokyo, officially closed its doors back in June, as developers prepare to redevelop the site. The 152-meter tall office tower was built in 1970.
Staffing company to lease Avex HQ
Staffing and outsourcing giant Pasona Group will be leasing the entire Avex Building in Omotesando.
More companies selling off real estate holdings in 2021
This year could see a record number of listed companies sell off real estate holdings, according to data collected by Tokyo Shoko Research.
226m tall tower for Yaesu 2 Chome
On October 26, several developers announced the formation of a redevelopment committee for a high-rise office tower to be built in front of Tokyo Station.
Tokyo Tower to see redevelopment by 2030s
Mitsui Fudosan is embarking on a plan that could see the area under Tokyo Tower redeveloped into a 25,000 sqm retail complex.
Renzo Piano to design replacement for Kunio Maekawa-designed building
Tokio Marine Holdings has announced that Italian architect Renzo Piano will be designing the replacement for the Tokyo Marine Nichido Insurance Building in Marunouchi, Tokyo.
Office vacancy rate hits 7 year high
The average office vacancy rate across Tokyo’s five business districts of Chiyoda, Chuo, Minato, Shinjuku, and Shibuya reached 6.43% in September, up 0.12 points from the previous month and the highest level seen since June 2014 when it was 6.45%.