Ichigo Office REIT Investment (TYO:8975) said portfolio occupancy rose to 97.1% in August from 96.4% in July, according to a Thursday filing on the Tokyo Stock Exchange.
Central Tokyo occupancy improved to 97.1% from 96.3%, while the rate in four major regional cities climbed to 94.4% from 93.3%. The REIT attributed gains to new tenants at its Sasazuka and Nagoya buildings, offsetting departures elsewhere.
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