Tokyo Office Market 2025–2029: Large-Scale Projects Lead Amid Tightening Supply
Tokyo’s office market is entering a new strategic phase, marked by a dual trend of concentrated supply and resilient demand. According to Mori Building’s latest report, more than 70–90% of all new office buildings supplied in Tokyo’s 23 wards through 2029 will be large-scale projects—defined as buildings with over 100,000 square meters of total floor space. This signals a sharp focus on premium-grade developments as construction costs continue to rise and tenants seek higher standards.