Ichigo Office REIT Investment Corporation has agreed to purchase the Ichigo Funabashi Building for JPY3,610 million, the REIT announced on 16 February 2026.
The acquisition is expected to close on 18 February 2026.
The eight-storey office building, built in July 1991, is located in Funabashi City, Chiba Prefecture, within a nine-minute walk from Funabashi Station on the JR Sobu Line.
The property was appraised at JPY3,960 million by Tanizawa Real Estate Appraisal as of 1 January 2026.
Ichigo Office REIT is purchasing the asset from Ichigo Estate, a related party and wholly owned subsidiary of the REIT's sponsor.
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