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![Vacancy Rate and Rent [Parent company]](../images/14.jpg)
Let me now describe the current situation in Leasing of Real Estate.
Our overall vacancy rate, which shows the actual state of occupancy, was 3.7% at the end of March with the vacancy rate of existing properties, excluding those opened in the second half of the fiscal year under review, such as Kasumigaseki Tokyu Building and Futako Tamagawa Rise office, remaining low at 2.1%.
Leasing of the new Futako Tamagawa Rise office and Abeno has been completed, while that of Kasumigaseki Tokyu Building is almost complete. However, the vacancy rate is likely to remain in a certain range.
The average rent of the Company's offices was ¥22,940 per tsubo per month. |
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