Ichigo Office REIT Investment Corporation announced that it will issue 41,567 shares at issue price of ¥84,200 per share for an aggregate gross proceeds of ¥3,499,941,400 on May 20, 2024 . The transaction will include participation from new investor Ichigo Trust, a fund managed by Ichigo Asset Management International Pte Ltd. The transaction is expected to close on May 30, 2024. The company issues shares through third-party allotment.

The subscription period date is May 28, 2024. The transaction is subject to filings submitted in accordance with the financial instruments and exchange act. The investor has agreed to not sell the shares to be acquired via the third-party allotment until after 180 days from the settlement date without the prior written consent of the company.