Shibuya's tenant base is anchored by big tech apac hqs, gaming, advertising, startups (later-stage).

  • Tier: prime.
  • Tenant character: Tokyo's tech and creative-class capital.
  • Average rent: ¥45,000/tsubo/mo · ≈ $102 PSF/yr USD.

Shibuya, Tokyo tenant profile

Shibuya's tenant base is anchored by big tech apac hqs, gaming, advertising, startups (later-stage).

TL;DR

  • Tier: prime.
  • Tenant character: Tokyo's tech and creative-class capital.
  • Average rent: ¥45,000/tsubo">tsubo/mo · ≈ $102 PSF/yr USD.

Who clusters here

Big Tech APAC HQs, gaming, advertising, startups (later-stage).

What that means for newcomers

Newcomers to Shibuya should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityTokyo
submarketShibuya
tierprime
averageRentLocal¥45,000/tsubo/mo · ≈ $102 PSF/yr USD
cityClassARentUsd$113/sqft/yr
cityVacancyPct4.6%

Frequently asked questions

What kind of tenants lease in Shibuya?
Big Tech APAC HQs, gaming, advertising, startups (later-stage).

Related

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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