8975Ichigo Office REIT Investment Corporation8975 info
$507.14info0.25%24h
Global rank9024
Market cap$767.49M
Change 7d2.57%
YTD Performance-3.98%
SP500 benchmarkUnderperform
P/E0
P/S5.94
Revenue$129.14M
Earnings$60.36M
Dividend yield-
Main Sector
Real Estate

Ichigo Office REIT Investment Corporation (8975) Stock Overview

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.

8975 Stock Information

Symbol
8975
Address
Imperial Hotel TowerTokyo, 100-0011Japan
Founded
-
Trading hours
-
Website
https://www.ichigo-office.co.jp
Country
🇯🇵 Japan
Phone Number
81 3 3502 4891

Ichigo Office REIT Investment Corporation (8975) Price Chart

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Value:-

Ichigo Office REIT Investment Corporation Overview: Key Details and Summary

Stock data
2023
Change
Price
$507.14
N/A
Market Cap
$767.49M
N/A
Shares Outstanding
1.51M
0.00%
Employees
0
N/A
Valuation
2023
Change
P/S Ratio
5.94
N/A
Earnings
2023
Change
Revenue
$129.14M
N/A
Earnings
$60.36M
N/A
Gross Margin
0.6869
N/A
Operating Margin
0.5471
N/A
Net income margin
0.4674
N/A
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