Make The World
More Sustainable[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.

January 8, 2021
IssuerIchigo Office REIT Investment Corporation (“Ichigo Office,” 8975)
1-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo
Representative: Yoshihiro Takatsuka, Executive Director
www.ichigo-office.co.jp/en
Asset Management Company
Ichigo Investment Advisors Co., Ltd.
Representative: Hiroshi Iwai, President
Inquiries: Sanae Hiraoka, Head of Ichigo OfficeTel: +81-3-3502-4891

Ichigo Office Portfolio Occupancy (Flash Data) – December 2020

TotalOffice
OtherCentral Tokyo
Tokyo
Metropolitan
By Area Area
Four Major
Regional Cities
Other RegionalCities
No. of Assets
No. of Tenants
Leasable Area
Leased Area
By Asset
Type

November 2020
(Final: A)

December 2020
(Flash: B)

Difference(B) - (A)

96.7%
96.8%
94.4%
95.9%

96.6%
96.7%
94.4%
94.9%

-0.1%
-0.1%
–-1.0%

98.1%

98.2%

+0.1%

95.5%

96.9%

+1.4%

98.6%

98.6%

–85919259,812.21m2
251,231.00m2

86932
264,600m2
255,600m2+1+13

Notes:
1. The above are unaudited month-end figures.
2. Leasable Area is the total area of space available for leasing, and may have small
adjustments due to renovations or variations in rental contract terms.
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 toOsaka, Nagoya, Fukuoka, and Sapporo.

1Explanation of Changes
Occupancy decreased for Office and Central Tokyo due to departing tenants at theOimachi Center Building, Ichigo Hiroo Building, and Ichigo Gotanda Building, but
increased for Four Major Regional Cities due to new tenants at the Ichigo Nishiki First
Building and Ichigo Nishiki Building.
Leasable Area increased due to the December 18, 2020 acquisition of the Ichigo
Tachikawa Building. Because the building’s occupancy as of December 31, 2020 was100%, occupancy for Other Regional Cities increased. For details on the acquisition,please refer to the December 14, 2020 release, “Acquisition of Office Asset (IchigoTachikawa Building).”
Value-Add Actions
Ichigo Office has made sustainability a key management priority and actively
engages in ESG (Environmental, Social, and Governance) initiatives. As part of its
environmental initiative, Ichigo Office won a Green Star designation in the GRESBReal Estate Assessment for the fourth year in a row and continues to apply forenvironmental certifications for its buildings. In December 2020, Ichigo Officereceived A rank CASBEE (Comprehensive Assessment System for Built
Environment Efficiency) certifications for the Ichigo Mirai Shinkin Building andWin Gotanda Building 2, therefore bringing the total number of assets withenvironmental certifications to 13, which is equivalent to 24.7% of total leasable area
as of December 14, 2020.
Ichigo Office will continue to work to increase tenant satisfaction and progress its
sustainability initiatives.
Note: GRESB was established in 2009 as a global standard for ESG benchmarking
and annual assessment for the real estate sector by a prominent European pension
fund group that also led PRI (Principles for Responsible Investment).
CASBEEBELS(Building-housing Energy-efficiency Labeling System)

2

DBJ Green Building