Building a richer future together[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.

June 6, 2016
REIT Issuer
Ichigo Office REIT Investment Corporation (8975)
1-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo
Representative: Yoshihiro Takatsuka, Executive Director
www.ichigo-office.co.jp/english
Asset Management Company
Ichigo Real Estate Investment Advisors Co., Ltd.
Representative: Wataru Orii, President & Representative Statutory Executive Officer
Inquiries: Hiroto Tajitsu, Head of Administration & Statutory Executive Officer
Tel: +81-3-3502-4891

Ichigo Office REIT Portfolio Occupancy (Flash Data) – May 2016
Ichigo Office REIT hereby announces its portfolio occupancy as of the end of May 2016:

OfficeEnd ofApril 2016
(Final: A)
97.3%
97.4%

End ofMay 2016
(Flash: B)
96.9%
97.1%

Other

96.3%

95.2%

-1.1%

Central Tokyo
Tokyo
Metropolitan Area
By Area
Four Major
Regional Cities
Other RegionalCities
No. of Assets
No. of Tenants
Leasable Area
Leased Area95.9%

95.0%

-0.9%

98.9%

99.0%

+0.1%

96.9%

96.8%

-0.1%

98.3%

98.3%

－73690217,381.68 m2
211,433.14 m2

86889
259,300 m2
251,200 m2+13+199

Total
By AssetType

Difference
(B-A)
-0.4%
-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) Amounts less than a hundred square meters of Leasable Area and Leased Area for Flash
Data are rounded down.

1Explanation of Changes
Occupancy decreased for Office and Central Tokyo due to a lease termination at Ichigo
Shibuya Dogenzaka Building. Ichigo Office REIT immediately began seeking tenants and has
already leased up part of the space.
Also, occupancy declined for Other due to lower occupancy at Ichigo Serviced Apartments
Takanawadai and Ichigo Serviced Apartments Ginza.
The increase in Number of Assets, Number of Tenants, and Leasable Area reflects Ichigo
Office REIT’s acquisitions of five office assets on May 9, 2016 and eight office assets on May
24, 2016. For details, please see the May 9, 2016 release “Notice of Completion of AssetAcquisitions (Five Office Assets)” and the May 24, 2016 release “Notice of Completion ofAsset Acquisitions (Eight Office Assets).”
Value-Add ActionsIchigo Office REIT is committed to providing tenants with safe and secure officeenvironments. In keeping with this commitment, Ichigo Office REIT recently installed
disaster-use cabinets in building elevators for tenants’ use in case of stoppages due toearthquakes, etc. This disaster-use cabinet contains items such as drinking water, food, a radio,a flash light, a medical kit, and an emergency toilet.

Ichigo Kanda Ogawamachi Building2