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Osaka Office Rents See World’s Fastest Growth

OSAKA - Office rents in Osaka are rising at the fastest pace in the world, driven by a wave of new developments in Umeda such as the recently opened Grand Green Osaka, which has brought fresh momentum to the city’s commercial real estate market.

Despite steep prices, major corporations including Shionogi & Co. and Kubota are relocating from their own buildings to Umeda, citing commuting convenience and the business advantages of clustering in the area.

In Namba, ANA Group has launched its ANA Sky Connect Namba complex, designed with aviation-themed features such as a cockpit simulator and a runway-style floor. The facility has attracted attention and is drawing in startups looking for distinctive office environments.

With strong demand from both established corporations and emerging firms, expectations are growing that Osaka’s office market will continue expanding in the coming years.

Source: Television OSAKA NEWS

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As of 6 a.m. on August 8, Typhoon No. 13 continued to batter Okinawa and the Amami region, bringing prolonged violent winds, torrential rain and dangerous seas after already causing a full day of severe weather across southwestern Japan.

Japan's Obon travel rush reaches its outbound peak on August 8 with severe disruption continuing in Okinawa, where Typhoon No. 13 has forced widespread flight cancellations and suspended local transportation even as airlines prepare special services to begin clearing stranded passengers later in the day.

Requests for rapidly constructed "instant houses" are growing across areas of Kumamoto Prefecture devastated by the recent earthquake, providing air-conditioned temporary shelter for residents who have been sleeping in tents and vehicles beside their damaged homes.

Toyota Motor has begun recruiting residents of Shizuoka Prefecture to live in Woven City, its experimental community for developing future technologies, with about 25 households expected to move into the site for two years from March 2027.

Nine days after the Kumamoto earthquake, a supermarket in Hikawa, where the strongest seismic intensity of 7 was recorded, is moving toward reopening while providing free groundwater to residents as about 3,200 households remain without running water.

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