06/08/2026
Osaka Office Market Update | Q2 2026
The Osaka CBD Grade A office market continues to tighten as demand outpaces limited new supply.
📍 Vacancy Rate: 2.5%
📍 New Supply: 1,200 tsubo
📍 Net Absorption: 3,700 tsubo
📍 Average Rent: JPY 19,800/tsubo (+2.0% QoQ)
Key Market Trends:
✅ Limited space availability is reducing relocation opportunities
✅ Strong demand for centrally located, high-quality office buildings
✅ Landlord-favorable conditions continue to support rental growth
✅ Future supply pipeline expected to remain limited after 2027
Premium office assets remain highly sought after, with vacancy falling to 2.1% and effective rents rising even faster as free-rent incentives continue to decline.
For companies considering relocation or expansion, securing suitable office space may require earlier planning and faster decision-making than ever before.
📩 Contact our team to discuss your workplace strategy or leasing requirements.
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