Ichigo Office REIT Investment Corporation (8975.T)

JPY 77600.0

(0.91%)

Market Cap (In JPY)

120.66 Billion

Revenue (In JPY)

20.29 Billion

Net Income (In JPY)

9.48 Billion

Avg. Volume

4597.00

Currency
JPY
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
76000.0-86000.0
PE
-
EPS
-
Beta Value
0.487
ISIN
JP3046300004
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Office
CEO
Mr. Takuma Hasegawa
Employee Count
-
Website
https://www.ichigo-office.co.jp
Ipo Date
2005-10-12
Details
Ichigo Office (8975) is a specialized office REIT that focuses on mid-size offices, an asset class that offers both return stability and upside potential. Ichigo Office seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a broad array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. Ichigo Office is managed by Ichigo Investment Advisors, the asset management subsidiary of Ichigo, a major Japanese real estate owner/operator. Ichigo Investment Advisors works to grow value on behalf of shareholders by deploying its deep experience and know-how in developing, operating, and managing Japanese real estate. The mid-size offices in which we invest produce stable cashflows, supporting stable dividends for shareholders. Also, this economically-sensitive asset class provides upside for shareholders via the possibility of higher rent income as the Japanese economy shows signs of emerging from multiple decades of deflation. Furthermore, because the market for mid-size offices in Japan is relatively inefficient and has less participation by other major real estate companies, who tend to focus on larger assets, there is a significant opportunity to add value and increase the profitability of the assets we acquire.