Ichigo Office REIT Investment Corporation will dispose of the Shibuya and Kamata commercial properties and the Sagamihara office property for a combined ¥8.2 billion. The investment corporation's office ratio is expected to remain at 100% after the dispositions.
Ichigo Office REIT Investment Corporation will dispose of 3 properties for a combined ¥8.2 billion: the commercial properties Ichigo Shibuya Bunkamura-dori Building and Ichigo Kamata Building, and the Ichigo Sagamihara Building office property. The assets being disposed of are trust beneficiary interests in real estate, and the scheduled disposition date is 8 October 2026. The contract date is 18 September 2026. The disposition prices are ¥4,880 million, ¥2,120 million and ¥1,240 million, respectively, as scheduled disposition prices, with delivery and settlement scheduled to take place simultaneously.
Among the 3 properties, Ichigo Shibuya Bunkamura-dori Building is located in Udagawacho, Shibuya-ku, Tokyo. Completed in May 2012, it has 8 above-ground floors and 1 basement floor, approximately 259 tsubo of total floor space, 5 tenants and an occupancy rate of 100.0% as of 31 July 2026. Ichigo Kamata Building is located in Nishikamata, Ota-ku, Tokyo. Completed in 1986, it has 6 above-ground floors and 1 basement floor, approximately 857 tsubo of total floor space, 2 tenants and an occupancy rate of 100.0% as of the same date. Ichigo Sagamihara Building is located in Chuo-ku, Sagamihara, Kanagawa Prefecture. Completed in 1989, it has 7 above-ground floors, approximately 1,272 tsubo of total floor space, 14 tenants and an occupancy rate of 100.0% as of the same date.
The disposition is part of the same series of transactions as the announcement in June 2026 concerning the disposition of 4 central Tokyo office properties to Sumitomo Corporation for ¥14.2 billion. Following the dispositions, the portfolio is expected to comprise 80 properties with a total acquisition price of approximately ¥210.7 billion.