Ichigo Office REIT Investment Corporation (8975.T) JPX

96,300.00

+1000(+1.05%)

Updated at September 08 03:30PM

Currency In JPY

Ichigo Office REIT Investment Corporation

Address

Imperial Hotel Tower

Tokyo, 100-0011

Japan

Phone

81 3 3502 4891

Sector

Real Estate

Industry

REIT - Office

Employees

N/A

First IPO Date

October 12, 2005

Key Executives

NameTitlePayYear Born
Tetsuya TakedaGeneral Manager of Asset Management Division - Japan Office Advisors, Inc0N/A
Takafumi KagiyamaExecutive Director0N/A
Shinji TsuchiyaGeneral Manager of Investment Management Division - Japan Office Advisors Inc0N/A
Mr. Takuma HasegawaPresident01971

Description

Ichigo Office (8975) is a specialized office REIT that focuses on mid-size offices, an asset class that offers both return stability and upside potential. Ichigo Office seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a broad array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. Ichigo Office is managed by Ichigo Investment Advisors, the asset management subsidiary of Ichigo, a major Japanese real estate owner/operator. Ichigo Investment Advisors works to grow value on behalf of shareholders by deploying its deep experience and know-how in developing, operating, and managing Japanese real estate. The mid-size offices in which we invest produce stable cashflows, supporting stable dividends for shareholders. Also, this economically-sensitive asset class provides upside for shareholders via the possibility of higher rent income as the Japanese economy shows signs of emerging from multiple decades of deflation. Furthermore, because the market for mid-size offices in Japan is relatively inefficient and has less participation by other major real estate companies, who tend to focus on larger assets, there is a significant opportunity to add value and increase the profitability of the assets we acquire.