Japanese ordinary lease — strong tenant renewal rights.
Lease structure · APAC
Japanese ordinary lease — strong tenant renewal rights.
Historic Japanese lease form that gives the tenant strong statutory renewal rights. Less common in new trophy delivery, where teiki shakuya dominates.
Futsu shakuya (普通借家) is part of the lease structure vocabulary that institutional Class A occupiers, landlords, and advisers use across APAC markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks the APAC definition alongside the global standard so cross-border occupiers can translate quickly.