ICHIGO OFFICE REIT INVESTMENT CORPORATION 
By 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.
January 29, 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 Real Estate Investment Corporation ("Ichigo REIT") hereby announces its portfolio occupancy as of the end of December 2012:
1. Portfolio Occupancy
Nov 2012 (A) | Dec 2012 (B) | Difference (B-A) | ||
Total | 94.1% | 94.4% | +0.3% | |
By Asset Type | Office (O) | 93.1% | 93.5% | +0.4% |
By Asset Type | Residence (R) | 96.9% | 97.3% | +0.4% |
By Asset Type | Other (Z) | 95.5% | 95.3% | -0.2% |
By Area | Central Tokyo | 95.3% | 95.6% | +0.3% |
By Area | Tokyo Metropolitan Area | 93.7% | 94.6% | +0.9% |
By Area | Four Major Regional Cities | 98.0% | 98.0% | - |
By Area | Other Regional Cities | 88.6% | 88.6% | - |
No. of Properties | 66 | 66 | - | |
No. of Tenants | 491 | 490 | -1 | |
Leasable Area | 156,480.24 m2 | 156,480.24 m2 | - | |
Leased Area | 147,278.36 m2 | 147,735.40 m2 | +457.04 m2 |
(Note 1) The above figures have not been audited.
(Note 2) Leasable Area is the total space of the individual properties that are available to be leased and is subject to minor adjustments due to refurbishing or individual rental contract terms.
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(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.
2. Explanation of Changes
Due to new contracts at TK Kichijoji Building and Joware Hanzomon, Office Occupancy by Asset Type, Central Tokyo Occupancy, and Tokyo Metropolitan Area Occupancy by Area all increased.
3. Current Leasing Activities: TK Kichijoji Building Case
Ichigo successfully leased space to an adult technical school and an examination prep school. Furthermore, Ichigo significantly increased occupancy as a result of value enhancements in common areas such as the elevator lobby, toilet area, and kitchen, as well as by tailoring its leasing activities to tenants' particular needs.
[Value Enhancements in Common Areas]
[TK Kichijoji Building Occupancy]
100%
95%
95.4%
90%
88.5%
85%
80%
75%
73.4%
70%
65%
60%
End of
Apr 2012
End of
Oct 2012
Ene of
Dec 2012
Website of Ichigo REIT: www.ichigo-reit.co.jp/english
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