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Sign in Sign up for a FREE subscriptionIchigo Office REIT pays $99m for six office assets
Ichigo Office REIT has acquired three office assets in central Tokyo and three in central Fukuoka for a total of JPY 15.4 billion ($99 million), according to a release.
The assets are the Ichigo Hakata Gion Building, Ichigo Tenjin North Building, Ichigo Gotanda West Building, and Ichigo Otemachi North Building.
As a result of the asset sales and acquisitions, Ichigo Office’s portfolio will consist of 89 office assets, comprising 97.8 percent of the portfolio.
Ichigo Office will change the building names from the Ogaku Building, FORECAST Hakata Gion Building, Tenjin First Building, and COCORO Gotanda to the Ichigo Akihabara East Building, Ichigo Hakata Gion Building, Ichigo Tenjin North Building, and Ichigo Gotanda West Building, respectively, after the acquisitions.
The Ichigo Akihabara East Building is located near Akihabara Station on