Investor Presentaiton
Value-Add Capex to Drive Tenant Satisfaction
Capex Tailored to Tenant Needs
Maintenance Costs, Capex, and Depreciation
April 2024 Capex Plan
Asset Name
Details
Investment
(JPY million)
1,800
Maintenance
CAPEX
-Depreciation
Ichigo Kinshicho South Building
Ichigo Nishi Honmachi Building
Exterior Wall Renovation
Exterior Wall Renovation
(Phase III)
JPY 39M
JPY 30M
Ichigo Hanzomon Building
Exterior Wall Renovation
JPY 27M
1,200
Ichigo Nakameguro Building
Exterior Wall Renovation
(Phase I)
JPY 26M
950
971
978
943
October 2024 Capex Plan
Asset Name
Details
Investment
1,415
600
Ichigo Higashi Ikebukuro 3 Chome
Building
HVAC Upgrade
JPY 30M
1,107
Ichigo Marunouchi South Building
Elevator Upgrade
JPY 28M
828
775
Ichigo Hakata East Building
Central Alarm System
Upgrade
JPY 25M
Ichigo Nakameguro Building
100
91
132
158
Exterior Wall Renovation
(Phase II)
JPY 24M
0
April 2023
Oct 2023
Apr 2024
Forecast
Oct 2024
Forecast
一期一会|
ICHIGO
Capex forecast to increase from April 2024 due to increase in value-add capex
Ichigo Investment Advisors Co., Ltd. Ichigo Office REIT Investment Corporation All rights reserved.
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