Tokyo office building average NOI survey.

Please view the following section for average NOI breakdown of location, building area and building age. The survey is referenced from the Japan Ministry of Land, Infrastructure and Transportation in 2009.

• Average NOI category in terms of area
  

	Average NOI  (per sqm)
Central 5 Wards of Tokyo	JPY 42,740
other 18 Tokyo Wards	JPY 33,264
23 Wards of Tokyo	JPY 40,274
Suburban Tokyo outside of 23 wards	JPY 30,661
Greater Tokyo	JPY 38,759

• Average NOI category in terms of Building area

NOI category, in terms of Area	Average NOI (per sqm)
less than 3,000 sqm	JPY 37,198
3,000 to 10,000 sqm	JPY 44,232
more than 10, 000 sqm	JPY 57,990
Total	JPY 31,971

• Average NOI category in terms of Building age

NOI category, in terms of building age	Average NOI (per sqm)
less than 10 years	JPY 58,468
10 to 20 years	JPY 41,281
more than 20 years	JPY 41,148
Total	JPY 42,740

Source : ＭＬＩＴ (as of 2009)

Related Links (residential)

“Average NOI of residential building in Japan”

“Average Net Cash Flow of residential building in Japan”

“Average Management cost of residential building in Japan”

“Average Maintenance cost of residential building in Japan”

“Average Capex of residential building in Japan”

Related Links (office)

“Average NOI of office building in Japan”

“Average Net Cash Flow of office building in Tokyo”

“Average Management cost of office building in Japan”

“Average Maintenance cost of office building in Japan”

“Average Capex of office building in Tokyo”