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.

March 4, 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) – February 2016
Ichigo Office REIT hereby announces its portfolio occupancy as of the end of February 2016:
End ofJanuary 2015
(Final: A)
95.9%

End ofFebruary 2016
(Flash: B)
96.6%

Office

96.0%

96.5%

+0.5%

Other

95.6%

96.8%

+1.2%

Central TokyoTokyo
Metropolitan Area
By Area
Four Major
Regional Cities
Other RegionalCities
No. of AssetsNo. of Tenants
Leasable Area
Leased Area

94.3%

95.4%

+1.1%

98.0%

98.2%

+0.2%

96.0%

96.0%

－96.6%

97.2%

+0.6%

76716
223,497.40m2
214,377.11m2

76721
223,400m2
215,800m2－+5Total
By AssetType

Difference
(B-A)
+0.7%

(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 off.

1

Explanation of Changes
New tenants at the Ichigo Kanda Ogawamachi Building and Ichigo Higashi Gotanda Building
resulted in improved occupancy for Office and for Central Tokyo. In addition, new tenants at
the Ichigo Serviced Apartments Takanawadai and Ichigo Machida East Building resulted in
improved occupancy for Other.
Leasing and Value Enhancement Activities
Ichigo Office REIT is promoting the Ichigo Office brand as one element of its value-add
enhancements to its buildings. Since last year, it has started an Ichigo Entrance Branding Project
to create Ichigo-unique entrances as a way to offer a sense of hospitality to tenants and thosevisiting the building. More recently, it started offering Ichigo-branded umbrellas for tenants touse on rainy days. This free umbrella service, in addition to value-add renovations to entrance
halls and installing highly visible Ichigo signage on prominent buildings, is expected to enhance
convenience and comfort for the tenants at Ichigo Office buildings.
Ichigo Office REIT will continue to drive further efforts to strengthen and deliver on thecommitment to quality of the Ichigo brand.

Ichigo-branded umbrellas at Ichigo Nishisando Building2