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Residential

Tokyo Residential Leasing Q2/2021

"After a temporary rise in the previous quarter, rents have again declined across the 23W. Unsurprisingly, the demographic changes seen in Tokyo since the onset of the pandemic have dented the capital’s appeal, with areas on the outskirts being the prime beneficiaries of this change. With the end of the pandemic in sight, however, it remains to be seen if this will be long-lasting."

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