Rents in November for prime office space continue to rise in Tokyo, remain flat in Osaka, and drop in all other major cities
Tue, Jan 06, 2015 - 5:50 AM
In the priciest area in central Osaka, the space intended for Japan Post's office-and-retail tower complex has been vacant since 2012.
PHOTO: REUTERS
Osaka
AN economic rebound and loose money policy under Prime Minister Shinzo Abe has briefly halted a long slide in Japan's commercial property market, but the benefits of "Abenomics" appear increasingly limited to Tokyo, leaving a moribund hinterland.
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