Company

Ichigo Office REIT Investment Corp

Headquarters: Tokyo, Japan

JPX: 8975 +0.86%

Market Cap

¥125.61 Billion

JPY as of Jan. 1, 2024

US$891.9 Million

Market Cap History

Ichigo Office REIT Investment Corp market capitalization over time

Evolution of Ichigo Office REIT Investment Corp market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Ichigo Office REIT Investment Corp

Detailed Description

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.

Top 1-year algo backtest: +269.94%

$10,000 in May 2023 would now be $36,994 by following this algorithm daily at market close.

Boost your stocks returns with Disfold AI... Now!

Try Disfold AI for FREE

Stocks & Indices

Ichigo Office REIT Investment Corp has the following listings and related stock indices.


Stock: JPX: 8975 wb_incandescent

Details

Headquarters:

Imperial Hotel Tower

1-1-1 Uchisaiwaicho Chiyoda-ku

Tokyo, 100-0011

Japan