 |
Nihombashi / Kyobashi |
|
 Area
Overview
Tokyo Stock Exchange |
Known for the convergence of financial institutes with Bank of
Japan and Tokyo Stock Exchange in its center. Also known for traditional style family-managed
stores in the area. Accessibility to Tokyo Station and extensive subway connection
benefit easier commuting. Once dwindled festive atmosphere due to long stagnant economy
has gradually restored with large-scaled redevelopment projects. |
Accessibility
| - |
Ginza Line : Nihonbasi Sta., Mitsukoshimae Sta., Kyobashi Sta. |
| - |
Tozai Line : Nihombashi Sta. |
| - |
Hanzomon Line : Mitsukoshimae Sta. |
| - |
Toei-Asakusa Line : Takaramachi Sta. |
Major Business
Complex
| Nihombashi 1-chome
Project |
Tokyo Stock Exchange |
|
 |
 |
Rental Market Basics
| Description |
Area (tsubo) |
Area (sq.m.) |
Area (sq.ft.) |
| Gross Area: Zone |
330,420 |
1,092,298 |
11,753,127 |
| Gross Area: Rental office space |
519,337 |
1,716,817 |
18,472,951 |
| Gross Area: New rental space in 2002 |
4,785 |
15,819 |
170,213 |
| Gross Area: Rental space demended in
2002 |
-3,328 |
-11,002 |
-118,382 |
| Vacancy Rate |
7.12% |
| Net Rent (¥ / M) *Exclusive
of mgt.fee |
¥18,419 |
|
(Note; Each rent does figure not include a management fee.)
Supply-Demand Balance Change
Market Rates by Building Age & Floor Size
| Description |
Avg. Deposit
(¥ / 3.3 sq.m.) |
Avg. Net Rent
(¥ / 3.3 sq.m. / month) |
Market Rental
Rate by
Property Age |
5 years or above |
¥183,000 |
¥18,170 |
| 1-4 years |
¥173,150 |
¥17,620 |
| New-built space |
¥208,000 |
¥19,540 |
|
Market Rental
Rate by
Property Size |
Below 500 tsubo |
¥148,500 |
¥16,140 |
| 500-1,000 tsubo |
¥181,350 |
¥18,175 |
| 1,000-3,000 tsubo |
¥253,150 |
¥22,160 |
| 3,000 tsubo or above |
¥318,050 |
¥26,305 |
|
(Note; Each rent does figure not include a management fee.)
Avg. Net Rent Change
 |
|
