Creating peace of mind through honest and committed management.

[Provisional Translation Only]
This English translation of the original Japanese document is provided solely for information purposes.
Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.

November 5, 2013
REIT Issuer
Ichigo Real Estate Investment Corporation (8975)
1-1-1, Uchisaiwaicho, Chiyoda-ku, Tokyo
Representative: Yoshihiro Takatsuka, Executive Director
Asset Management Company
Ichigo Real Estate Investment Advisors Co., Ltd.
Representative: Wataru Orii, President & Representative Statutory Executive Officer
Inquiries: Minoru Ishihara, Executive Vice President & Statutory Executive Officer
Tel: 03-3502-4891

Ichigo REIT Portfolio Occupancy (Flash Data) – October 2013
Ichigo Real Estate Investment Corporation (“Ichigo REIT”) hereby announces its portfolio
occupancy as of the end of October 2013:
End of September2013(Final: A)
94.8%

End of October2013(Flash: B)
95.1%

Office (O)

93.9%

94.7%

+0.8%

Residence (R)

98.2%

97.5%

-0.7%

Other (Z)

95.7%

94.5%

-1.2%

94.1%

95.1%

+1.0%

95.4%94.8%

-0.6%

98.5%

98.5%

―92.4%

92.4%

―

68501
167,869.53 m2
159,222.85 m2

68502
167,800 m2
159,700 m2―+1Total
By AssetTypeCentral TokyoTokyo
Metropolitan Area
By Area
Four Major
Regional Cities
Other RegionalCities
No. of Properties
No. of Tenants
Leasable Area
Leased Area

Difference
(B-A)
+0.3%

(Note 1) The above figures have not been audited.
(Note 2) Leasable Area is the total space of the individual properties that is available to be leased
and is subject to minor adjustments due to refurbishing or individual rental contract terms.
(Note 3) “Central Tokyo” refers to Chiyoda, Minato, Chuo, Shinjuku, Shibuya, and Shinagawa
Wards. “Tokyo Metropolitan Area” refers to Tokyo (excluding the six wards above),
Kanagawa, Chiba, and Saitama Prefectures. “Four Major Regional Cities” refers to Osaka,Nagoya, Fukuoka, and Sapporo.
(Note 4) Leasable Area and Leased Area for Flash Data are rounded down to the nearest hundred
square meters.

1Explanation of Changes
Occupancy rates for Office increased due to new Tokyo Metropolitan Area tenants at the Ichigo
Shibakoen Building and the Ichigo Jimbocho Building. Occupancy rates for Residence andOther declined due to lease terminations in the Tokyo Metropolitan Area at the ForeCity
Roppongi, ForeCity Tomigaya, and Regalo buildings.
Leasing and Value Enhancement Activities
As announced in the October 1, 2013 release “Change in Portfolio Building Names,” Ichigo
REIT has changed the names of its portfolio office buildings to “Ichigo” to add value to its
portfolio by raising brand recognition and building competitiveness,
Ichigo REIT is always striving to increase tenant satisfaction by providing quality property
management that reflects Ichigo Ichie, the ancient Japanese spirit of hospitality and service
rooted in the Japanese tea ceremony. This attention to detail can be found in all of Ichigo’s
efforts—from its bespoke tenant services to the rare provenance of the lacquered “Ichigo red”
on its buildings’ tenant directories.

After
Website of Ichigo REIT: www.ichigo-reit.co.jp/english After2