[Sapporo Edition] [Latest Office Market Report Released] Office Vacancy Rate Slightly Decreased from Previous Month

Sanko Estate Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President: Shojiro Fukushima) has released "Office Market July 2026 Sapporo," which summarizes the Sapporo office rental situation (vacancy rate & available area: all sizes; asking rent & available area: all sizes; vacancy rate by size; vacancy rate in major areas*1: all sizes) for June 2026, and market data for large buildings in six major cities nationwide (Tokyo, Sapporo, Sendai, Nagoya, Osaka, Fukuoka).

*1: Major areas = Sapporo Station South Exit Area, North Exit Area, Odori Area

*Survey period: As of the end of June 2026 and as of December 31st each year.

*This press release and published data can also be viewed at the following URL: https://www.sanko-e.co.jp/data/

Branch Manager's Perspective

The development project "Urban Net Sapporo Link Tower" on the former HBC headquarters site has been completed. It comprises offices, a hotel, and commercial spaces directly connected to the underground walkway, boasting a floor plate of approximately 530 tsubo per floor. The south building features incubation offices and a hall, serving as distinctive amenities. While new buildings tend to take time to attract tenants, this building possesses the scale and grade to accommodate the consolidation and relocation of large corporations, achieving a high pre-lease rate upon completion. (Sapporo Branch Manager, Keiki Takiguchi)

Sapporo City Large Buildings Vacancy Rate & Potential Vacancy Rate

Vacancy Rate Slightly Decreased from Previous Month; "Odori" Shows Significant Decrease of 0.6 Points

The vacancy rate decreased slightly from the previous month by 0.12 percentage points to 3.41%. This decline is attributed to the absorption of vacancies due to large-scale expansion and relocation, as well as the high occupancy rate of the newly completed building. By area, "Odori" saw a significant decrease of 0.6 percentage points from the previous month. The potential vacancy rate increased by 0.04 percentage points from the previous month to 5.18%.

Small-scale demand is central across a wide range of industries, and leasing activities continue to take time in new buildings.

<Vacancy Rate & Potential Vacancy Rate>

Sapporo City Large Buildings Asking Rent & Available Area

Asking Rent Decreased for the 4th Consecutive Month but with Minor Fluctuations; Sideways Trend Continues

The asking rent decreased by 48 yen/tsubo from the previous month to 13,115 yen/tsubo. Although this marks the fourth consecutive month of decline, the movement is slight, and the sideways trend in the low 13,000 yen/tsubo range continues.

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<Sapporo City Vacancy Rate by Size>

<Sapporo City All Sizes Building Major Area Vacancy Rate>

<Vacancy Rate Trends (6 Major Cities Large Buildings)>

<Asking Rent Trends (6 Major Cities Large Buildings, Major Station Front Areas)>

Sanko Estate HP: https://www.sanko-e.co.jp/

About Sanko Estate Co., Ltd.

Sanko Estate Co., Ltd. (established May 17, 1977) provides comprehensive support for corporate office strategies. We respond to a wide range of office-related needs, from support and brokerage for selecting rental office buildings to verification and proposals for optimal workplaces, and provision of management functions essential for project execution.