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.

July 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) – June 2013
Ichigo Real Estate Investment Corporation (“Ichigo REIT”) hereby announces its portfolio
occupancy as of the end of June 2013:

End of May 2013
(Final: A)

End of June 2013
(Flash: B)

Difference(B-A)

95.1%

95.0%

-0.1%

Office (O)

94.0%

93.7%

-0.3%

Residence (R)

99.1%

99.3%

+0.2%

Other (Z)

95.4%

96.2%

+0.8%

94.5%

93.5%

-1.0%

96.0%

96.1%

+0.1%

98.8%

98.9%

+0.1%

92.5%

93.3%

+0.8%

66
488
156,454.99 m2
148,843.16 m2

69500
170,000 m2
161,000 m2+3+12Total
By AssetTypeCentral TokyoTokyo
Metropolitan Area
By Area
Four Major
Regional Cities
Other RegionalCities
No. of Properties
No. of Tenants
Leasable Area
Leased Area

(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
On June 3, 2013, Ichigo acquired the Ichigo Akihabara North Building, the Ichigo Sakaisuji
Honmachi Building, and the Konami Sports Club Izumi Fuchu. Tenant terminations at the COI
Nishisando Building and the Joware Hanzomon decreased Office and Central Tokyo occupancy
rates. The acquisition of the Konami Sports Club Izumi Fuchu increased occupancy rates of the
Other and Other Regional Cities categories.
Leasing and Value Enhancement Activities
Ichigo REIT is working to raise the occupancy rates of our properties’ retail spaces by bringing
in new retail tenants that add functional and aesthetic value to the properties. Towards that goal,
we are taking the following actions:-Building strong relationships with prospective tenants throughout the Ichigo Group;-Conducting market research of neighboring properties and optimal tenant mix;

-Supporting our retail tenants’ sales promotions; and-Creating an internet website introducing and promoting our retail tenants (in progress).

Ichigo REIT will continue market-sensitive and tenant-focused retail leasing, working toincrease tenant satisfaction and raise the value of our properties.

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

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