REAL ESTATE & TOURISM
Tokyo Office Monthly: January 2026 - 2.15%, the Cycle Bottom Lands in the Coldest Month

# Tokyo office market# vacancy rate# office rents
Key Points
- Tokyo office vacancy hit 2.15% in January 2026, likely the bottom of this cycle. What the data says about the tightest market in decades.
Analysis
Tokyo office vacancy hit 2.15% in January 2026, likely the bottom of this cycle. What the data says about the tightest market in decades.