Office vacancies in Tokyo's five key wards rose 0.67 point to 5.6% in February, topping the boom-or-bust line of 5% for the first time since July 2005, office broker Miki Shoji Co. said Thursday.

The rate in the wards of Chiyoda, Chuo, Minato, Shinjuku and Shibuya has soared for 13 consecutive months as companies accelerate consolidation efforts amid rapidly deteriorating economic conditions.

Japan Times