Core Insights - The article discusses the shifting dynamics of office space demand in Tokyo, particularly in areas like Harumi and Kachidoki, where there is a notable disparity between supply and demand for commercial office spaces [1][3]. Group 1: Market Trends - As life returns to normal, corporate activities are increasingly concentrating in city center areas, leading to a mismatch in supply and demand for office spaces in different regions [1]. - The office vacancy rate in the 23 wards of Tokyo is projected to be 2.88% by January 2025, while Harumi and Kachidoki have a significantly higher vacancy rate of 14.13%, indicating a supply surplus in these areas [3]. Group 2: Location Preferences - The geographical location of office buildings is a critical factor for both companies and employees, with 68.4% of job seekers prioritizing convenient transportation and city center locations [5]. - The limited transportation options and distance from the city center in Harumi and Kachidoki contribute to increased commuting stress for employees, prompting some companies to consider relocating [5]. Group 3: Strategies for Attracting Tenants - Property management companies are adapting by redesigning office spaces to cater to small and medium-sized enterprises, including converting spaces into furnished or shared offices [8]. - Enhancing the functionality of common areas and providing additional value is essential for these properties to compete effectively with other commercial locations [8]. Group 4: Investment Opportunities - The article suggests that early investors in the real estate market can benefit from rising property prices and rental income, especially as the yen's exchange rate fluctuates [8].