Mitsui Fudosan says in talks to raise office rents

Sun May 25, 2008 8:32pm EDT
 
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TOKYO, May 26 (Reuters) - Mitsui Fudosan Co (8801.T), Japan's largest real estate developer, said on Monday that it was in talks with tenants to raise office rents in central Tokyo by an average 10-15 percent.

The firm said it was seeking the increase given the tight office-building market situation in the area, where the firm has almost no big rental space available for office use. (Reporting by Mariko Katsumura)

 
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