Xymax Real Estate Institute (hereinafter, "Xymax REI") hereby releases a report on the Supply of New Office Space 2019 covering the Tokyo 23 Wards. The volume of new office supply, which is an aggregation of rentable areas of offices that will be newly constructed in the coming years (hereinafter, "new supply"), indicates the future direct impact of supply on the market balance. Xymax REI aggregates the rentable areas of office space in buildings that are mainly for office-use with a gross floor area of more than 3,000 tsubo completed in the Tokyo 23 Wards and Osaka City each year. The Osaka City version*1 has been released on the same day.
1 tsubo = approx. 3.3 sqm
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