Notice of Portfolio Occupancy Rate Preliminary Figures (As of End of December 2025)

Portfolio Occupancy Rate Status

The preliminary figures for the portfolio occupancy rate as of the end of December 2025 showed a rate of 97.1% across all properties (MoM -0.2%). By usage type, office occupancy was 97.0%, and other uses remained unchanged at 100.0%. By region, the six central Tokyo wards recorded 96.6% (-0.4%), other metropolitan areas 98.3% (-0.2%), and the four major cities 95.9% (+0.3%). The number of properties increased from 85 to 86, and the number of tenants rose from 1,001 to 1,009. The rentable area expanded to approximately 256,000 m2.

Factors Affecting Occupancy Rate Changes and Initiatives

Tenant cancellations occurred at the Axior Mita and Ichigo Higashi-Gotanda buildings, causing declines in office occupancy and occupancy in the six central Tokyo wards. Conversely, new contracts at the Ichigo Marunouchi and Ichigo Nishiki buildings led to an increase in occupancy rates in the four major cities. On December 12, 2025, the Ichigo Tachikawa Koendori Building was acquired, increasing the number of properties, tenants, and rentable area. To improve tenant satisfaction and profitability, setup office work was carried out at the Ichigo Nanpeidai Building, achieving early leasing. Going forward, efforts will continue to enhance asset value and strengthen property competitiveness through heartfelt engagement.