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Investor Presentaiton

100% Occupancy & Average Rent per Tsubo (3.3m²) - - Lease-Ups Exceeded Average Re-Tenanted Space During Last 9 Fiscal Periods Driven by Office Move Demand, Occupancy & Free-Rent Period Recovery Decrease in Average Rent per Tsubo (All Assets) due to Departure of Large-Scale Retail Tenant at Ichigo Sakae Building Occupancy (Office) Average Rent per Tsubo (3.3m²) 8 months Office (All) (JPY) Average Free-Rent Period Period-End Occupancy Free Rent-Adjusted Occupancy 96.9% 96.7% 96.6% 96.0% 95.6% 96.2% 95% 95.9% 4 months 95.1% 94.8% 94.1% 2.3 2.5 1.9 2.0 1.9 90% 0 months Oct 2021 Apr 2022 Oct 2022 Apr 2023 Oct 2023 Office (Central Tokyo) 18,200 18,100 18,100 18,100 18,000 15,200 15,100 15,100 15,000 15,000 Oct 2021 一期一会| All Offices 82 Assets (Central Tokyo) (45 Assets) Apr 2022 81 Assets Oct 2022 (44 Assets) 82 Assets (44 Assets) Apr 2023 84 Assets (44 Assets) ICHIGO O Ichigo Investment Advisors Co., Ltd. Ichigo Office REIT Investment Corporation All rights reserved. Oct 2023 85 Assets (44 Assets) 14
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