• Bloomberg

  • SHARE

Mitsubishi Estate Co. plans to increase office rents for the first time in about five years in 2014 as the supply of new buildings slows.

Mitsubishi Estate, owner of about 30 buildings in Tokyo’s Marunouchi business district, plans to boost rents by as much as 10 percent when leases are renewed or new leases signed from next year, Chief Executive Officer Hirotaka Sugiyama said.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)