{"id":153561,"date":"2023-05-18T13:31:58","date_gmt":"2023-05-18T04:31:58","guid":{"rendered":"https:\/\/www.fukuoka-now.com\/?post_type=news&#038;p=153561&#038;lang=en"},"modified":"2023-05-18T13:31:58","modified_gmt":"2023-05-18T04:31:58","slug":"record-high-rent-amid-fluctuating-vacancy-in-fukuoka-offices","status":"publish","type":"news","link":"https:\/\/www.fukuoka-now.com\/en\/news\/record-high-rent-amid-fluctuating-vacancy-in-fukuoka-offices\/","title":{"rendered":"Record High Rent Amid Fluctuating Vacancy in Fukuoka Offices"},"content":{"rendered":"<p>Major office brokerage firm Miki Shoji reports a four-month low in the office vacancy rate for Fukuoka&#8217;s business district (areas such as Tenjin) as of April 2023. The rate decreased by 0.08 points from the previous month to 5.81%, despite exceeding the 5% oversupply benchmark for the third consecutive month. In the Gion and Gofuku-machi area, between Tenjin and Hakata Station, the vacancy rate rose by 0.20 points to 8.00% due to office relocations to new buildings. Average rent for the Fukuoka business district hit a record high, rising to 11,495 yen per tsubo (approximately 3.3 square meters). A survey by Sanko Estate showed the overall office vacancy rate in Fukuoka city in April fell to 5.19%. Ryuji Nakamura, Sanko Estate&#8217;s Fukuoka branch manager, commented on the seesaw trend of vacancies due to relocations to new buildings. <strong>Source:<\/strong> <a href=\"https:\/\/www.miki-shoji.co.jp\/rent\/report\/branch\/10\" rel=\"noopener\" target=\"_blank\">Miki Shoji<\/a> \/ <a href=\"https:\/\/www.sanko-e.co.jp\/pdf\/data\/202305_fukuoka_om.pdf\" rel=\"noopener\" target=\"_blank\">Sanko Estate<\/a> \/ <a href=\"https:\/\/www.nikkei.com\/article\/DGXZQOJC174A90X10C23A5000000\/\" rel=\"noopener\" target=\"_blank\">Nikkei<\/a><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2023\/05\/fnn_tenjin-rainy-may_2023_WEB.jpg?resize=1400%2C1050&#038;ssl=1\" alt=\"Record High Rent Amid Fluctuating Vacancy in Fukuoka Offices\" width=\"1400\" height=\"1050\" class=\"alignnone size-full wp-image-153566\" srcset=\"https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2023\/05\/fnn_tenjin-rainy-may_2023_WEB.jpg?w=1400&amp;ssl=1 1400w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2023\/05\/fnn_tenjin-rainy-may_2023_WEB.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2023\/05\/fnn_tenjin-rainy-may_2023_WEB.jpg?resize=1024%2C768&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.fukuoka-now.com\/wp-content\/uploads\/2023\/05\/fnn_tenjin-rainy-may_2023_WEB.jpg?resize=768%2C576&amp;ssl=1 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/p>\n<p>Stay informed with the latest Fukuoka &amp; Kyushu news and events in English. Sign up for our <a href=\"https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/\" \/>free weekly newsletter<\/a> today and never miss a beat. Opt out anytime, your privacy is our priority. Get the inside scoop with <a href=\"https:\/\/www.fukuoka-now.com\/en\/mailmagazine\/\" \/>The Now<\/a><\/p>\n<p>Summaries based on public content, errors may occur during translation. Images credited independently. Send feedback using <a href=\"https:\/\/www.fukuoka-now.com\/en\/contact\/\" \/>this <b>form<\/b>.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major office brokerage firm Miki Shoji reports a four-month low in the office vacancy rate for Fukuoka&#8217;s business district\u2026<\/p>\n","protected":false},"author":30040,"featured_media":153569,"comment_status":"closed","ping_status":"closed","template":"","tags":[],"class_list":["post-153561","news","type-news","status-publish","has-post-thumbnail","hentry","location-fukuoka-city","news-category-business","en-US"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news\/153561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/users\/30040"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/comments?post=153561"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media\/153569"}],"wp:attachment":[{"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/media?parent=153561"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fukuoka-now.com\/wp-json\/wp\/v2\/tags?post=153561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}