Ichigo Office Reit Investment Corporation has divested 4 properties, with expected proceeds of approximately 5,866 million yen to be returned to investors. The sale prices significantly exceed appraisal values and book values.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"8975","jir_company_name":"Ichigo Office Reit Investment Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-06-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/8975-20260610-01.pdf","jir_short_summary":"Ichigo Office Reit Investment Corporation has divested 4 properties, with expected proceeds of approximately 5,866 million yen to be returned to investors. The sale prices significantly exceed appraisal values and book values.","jir_summary":"### Overview of Asset Sale\nIchigo Office Reit Investment Corporation has decided to sell four properties\u2014Ichigo Hanzomon Building, Nishi-Ikebukuro Building, Kudan Building, and Ningyocho Building\u2014at a total of 14,220 million yen. These properties have been in use for over 35 years since completion, and the decision to sell was made due to increasing repair costs and profitability considerations. The expected gains from sale are approximately 5,866 million yen, which will be returned to investors. The sale prices significantly surpass appraisal and book values, representing a strategic decision to reinvest assets and fund growth investments.\n\n### Future Outlook and Asset Portfolio\nPost-sale, the portfolio will predominantly consist of office properties in the six central wards of Tokyo, accounting for 98.2% of the total holdings. The gains from the sale are expected to positively influence the operational forecast for the October 2026 period, contributing to increased distributions and efficient asset management. Proceeds will be strategically utilized for future growth investments and asset acquisitions, with the aim of maximizing investor value.","jir_financial_highlights":"Gains from Sale: Approximately 5,866 million yen (Unknown)\nTotal Planned Sale Price: 14,220 million yen (Unknown)\nTotal Appraisal Value: 11,680 million yen (total for 4 properties) (Unknown)","jir_category":"","jir_hashtags":"#IchigoOfficeReitInvestmentCorporation, #IRType, #JapaneseStocks","jir_key_figures":"Gains from Sale: approximately 5,866 million yen\nSale Price: 14,220 million yen\nTotal Planned Sale Price: 14,220 million yen","jir_meta_title":"\u3010Ichigo Office Reit\u3011Gains from Asset Sale and Strategic Asset Reallocation | June 2026","jir_meta_description":"Ichigo Office Reit Investment Corporation plans to divest 4 properties, with gains of approximately 5,866 million yen to be returned to investors. Important moves for asset replacement and growth investment.","jir_og_title":"\u3010Ichigo Office Reit\u3011Asset Sale and Future Outlook | June 2026","jir_og_description":"Ichigo Office Reit Investment Corporation expects gains of approximately 5,866 million yen from the sale of 4 properties, promoting asset portfolio optimization and growth strategies.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9242,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-62928","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n