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Next, focus is placed on Shibuya as the office area being explained.
The first feature is a low vacancy rate.
As can be seen from changes in vacancy rates of the five wards in the Tokyo metropolitan area from 2012, the improved vacancy rate in Shibuya ward is remarkable compared to the other four wards, as it is supported by strong demand from IT companies and others.
The second feature is the gathering of many IT companies.
As shown on the map at the right, the Shibuya area is the business base of many leading Japanese IT companies, such as CyberAgent, Inc., DeNA Co., Ltd. and GMO. These companies are expected to continue to expand. There will be brisk demand in the future.
In addition, the comments of tenants who place their respective business base in the Shibuya area are located in the lower left. Some tenants said that they chose Shibuya because they wanted to work in an environment in which they could always experience new things and Shibuya is the place where new culture and trends start. Others wanted to attract talented human resources and secure good access and matching with their company image.
Such unique attractions in Shibuya are recognized by tenants, which lead to the current low vacancy rate.
Meanwhile, the Shibuya area lacks good, large-scale offices, which has caused many expanding companies to leave. The Tokyu Group will supply the floors for large-scale offices through the redevelopment projects around Shibuya Station to solve this issue.
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