Ichigo Office REIT Investment Corporation [8975.T]
TOKYO, May 11 (Pulse News Wire) – Ichigo Office REIT Investment Corporation (8975.T) reported its portfolio occupancy rates as of April 30, 2026. As of the end of March 2026, the overall occupancy rate stood at 96.9%.
By April 30, 2026, it increased to 97.3%, representing a rise of 0.4% points. Notably, office properties saw an increase from 96.9% to 97.3%, while the occupancy rate in the central six districts improved from 96.3% to 97.2%. The changes were driven by new lease agreements at buildings such as Ichigo Sakurabashi Building and Ichigo Gotanda Building, which offset some tenant cancellations at Ichigo Tachikawa Park Avenue Building and Ichigo Kawasaki Building. Despite these cancellations, the total number of tenants grew by six, reaching 1,036. In addition, the leasable area remained stable at approximately 260,100 square meters, with leased space increasing slightly to around 253,200 square meters.
Ichigo Office REIT continues to focus on enhancing tenant satisfaction and profitability through renovations. Recently, the company completed set-up office works at the fifth floor of Ichigo Otemachi North Building, creating a versatile workspace designed to promote daily communication among employees. The renovation includes meeting rooms, web booths, counters, and café spaces within an approximate 105-square-meter floor area, centered around a 48-square-meter work zone. Furthermore, efforts to improve convenience and comfort across the entire space, including amenities like bathrooms, aim to ensure immediate usability post-occupancy. The leasing activities for this renovated space are being conducted at a level expected to result in a rent increase of approximately 30% compared to previous levels, targeting early lease signings.
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