Real EstateTokyo Retail Rents Stabilize as Foot Traffic Returns to Pre-Pandemic Levels
CBRE's Q4 2025 report shows Tokyo retail rents have stabilized at 95% of 2019 levels, with premium locations in Shibuya and Shinjuku showing signs of exceeding pre-pandemic rates. Landlords are increasingly flexible on lease terms for quality tenants, creating opportunities for businesses seeking prime locations.
Why It Matters: Market stabilization provides predictability for long-term business planning
What To Do: Review current lease terms and prepare for upcoming renewal negotiations
CBRE JapanJan 7, 2026