One REIT's asset in Nagoya City. (Photo: Google Maps)

Japan-listed One REIT has lost the lease of a major tenant that previously occupied more than 1% of its overall leasable area.

The lease in question was at ONEST Nagoya Nishiki Square, an eight-storey mid-sized office building in Nagoya City.

One REIT is a Tokyo Stock Exchange (TYO)-listed REIT that owns a portfolio of office and commercial assets across Japan.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.