{
  "url": "https://classa.info/cities/osaka",
  "title": "Osaka Class A Office Market",
  "description": "Western Japan's commercial capital with deep manufacturing and pharma tenancy.",
  "oneSentenceAnswer": "Osaka Class A office rents around ¥25,000/tsubo/mo · ≈ $56.5 PSF/yr USD, with 4.8% vacancy and 2 months of typical rent-free on a 4-year term.",
  "tldr": [
    "Trophy product in Umeda trades at JPY 24,000-30,000/tsubo/month.",
    "Vacancy structurally tight (under 5%).",
    "Manufacturing, pharma, and trading houses anchor demand.",
    "Yumeshima IR (target 2030) reshapes long-term demand pipeline."
  ],
  "keyFacts": {
    "city": "Osaka",
    "country": "Japan",
    "region": "APAC",
    "classARentLocal": "¥25,000/tsubo/mo · ≈ $56.5 PSF/yr USD",
    "classARentUsd": "$56.487331100069696/sqft/yr",
    "vacancyPct": "4.8%",
    "typicalLeaseYears": 4,
    "typicalRentFreeMonths": 2,
    "submarkets": 5,
    "corporateTaxPct": "30.62%",
    "talentIndex": 85
  },
  "faqs": [
    {
      "question": "What is the difference between futsuu and teiki shakuyaku?",
      "answer": "Futsuu (standard) leases auto-renew with statutory tenant protections; teiki (fixed-term) leases end on the contracted date with no auto-renewal. Class A landlords increasingly prefer teiki structures."
    },
    {
      "question": "What is the Yumeshima IR context?",
      "answer": "Japan's first Integrated Resort (casino + convention + hospitality) is scheduled to open on Yumeshima island in Osaka Bay around 2030. Reshapes hospitality and convention demand materially."
    },
    {
      "question": "How does Osaka compare to Tokyo on cost?",
      "answer": "Osaka trophy rents typically run 30-40% below Tokyo Marunouchi/Otemachi trophy. Talent costs are also structurally lower."
    }
  ],
  "pageType": "city",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/osaka), updated 2026-04-15T00:00:00.000Z."
}