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These are movements in vacancy rates and rents.
As of the end of December 2022, the vacancy rate was 2.8%.
The vacancy rate temporarily increased as a result of the completion of “Kudan-Kaikan Terrace” in July, but the contract rate for this building is already 100%, and we expect the vacancy rate to fall as transfers to tenants begin.
Excluding “Kudan-Kaikan Terrace,” the vacancy rate remains low, at 1.1% as of the end of December.
Average rent at offices came to 28,360 yen a month per tsubo as of December 31, 2022.
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