Ichigo Office REIT Appoints New Property Manager for Marunouchi Building

Ichigo Office REIT Investment Corporation ( (JP:8975) ) has provided an update.

Ichigo Office REIT Investment Corporation announced a change in the property management company for its Ichigo Marunouchi South Building, appointing Tokio Marine & Nichido Facilities, Inc. as the new manager. The decision was based on competitive pricing, a successful track record, and a strong understanding of property management requirements. The change, effective April 1, 2025, is not expected to impact the company’s earnings forecasts for the fiscal periods of April and October 2025, as these have already been accounted for in previous earnings revisions.

More about Ichigo Office REIT Investment Corporation

Ichigo Office REIT Investment Corporation operates in the real estate investment trust (REIT) industry, focusing on office properties. The company is involved in the acquisition, management, and leasing of office buildings, primarily in Japan, and aims to provide sustainable and stable returns to its investors.

YTD Price Performance: 8.14%

Average Trading Volume: 2,980

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen134.3B

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