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TYO:8975

8 stories mentioning TYO:8975Updated 3d ago

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Asia

Japanese Stocks Fall Marginally as Oil Strengthens Fueling Inflation Concerns

Japanese stocks fell marginally on Tuesday as treasury yields gained after a rally in oil prices strengthened the dollar, fueled inflation worries, and cemented expectations of a possible Federal Reserve rate hike this week.The benchmark Nikkei 225 closed down 8.89 points, or 0.01%, at 63,484.10.Oil prices extended gains after Iran-backed Houthi restricted energy supplies by launching fresh attacks on Saudi Arabian oil infrastructure. The widening Middle East conflict has further disrupted global oil supplies, as energy supply via the Strait of Hormuz and the Bab el-Mandeb already remains restricted.On the corporate side, SoftBank (TYO:9434) said it will enter into a strategic partnership with WiseVine to improve the efficiency of local government operations and address the shortage of personnel, according to a Tuesday release.Also, Ichigo Office REIT Investment (TYO:8975) has a completed a share buyback, acquiring 15,777 shares amounting to 1.50 billion yen from July 21 to Sept. 11, according to a Tokyo bourse filing on Monday.

Nikkei 225TYO:8975TYO:9434
Asia

Ichigo Office REIT Investment Completes 1.5 Billion Yen Share Buyback

Ichigo Office REIT Investment (TYO:8975) has a completed a share buyback, acquiring 15,777 shares amounting to 1.50 billion yen from July 21 to Sept. 11, according to a Tokyo bourse filing on Monday.In September alone, the company repurchased 3,636 shares for 341.2 million yen.The company plans to cancel all repurchased shares on Sept. 30.

TYO:8975
Asia

Ichigo Office REIT Investment's Portfolio Occupancy Declines to 97.2% in August

Ichigo Office REIT Investment's (TYO:8975) portfolio occupancy rate fell to 97.2% in August from 97.5% in July, according to a Friday filing with the Tokyo Exchange.Occupancy in Central Tokyo--Chiyoda, Minato, Chuo, Shinjuku, Shibuya, and Shinagawa--fell to 97.4% from 98%, while the Tokyo Metropolitan Area increased to 97.9% from 97.7%, the filing said.Portfolio occupancy across four major regional cities--Osaka, Nagoya, Fukuoka, and Sapporo--slipped to 95.4% from 95.5%, and other regional cities fell to 98.9% in August from 99.6% in July.

TYO:8975
Asia

Ichigo Office REIT to Launch 1.5 Billion Yen Share Buyback

Ichigo Office REIT Investment (TYO:8975) will launch a 1.5 billion yen buyback program to repurchase up to 20,000 investment units to enhance shareholder value, according to a Friday filing on the Tokyo Stock Exchange.The Tokyo-listed company said that the repurchases to be conducted through market purchases between July 21 and Sept. 30 are aimed at increasing the net asset value per unit.The buyback represents 1.3% of outstanding shares, and all acquired shares under the program will be canceled on Oct. 30.

TYO:8975
Asia

Ichigo Office REIT Sells Four Tokyo Office Buildings for 14.2 Billion Yen

Ichigo Office REIT Investment (TYO:8975) completed the sale of four office properties in Tokyo for a total of 14.2 billion yen, according to a Tokyo bourse filing on Friday.The properties include the Ichigo Hanzomon Building, Ichigo Nishi Ikebukuro Building, Ichigo Kudan Building, and Ichigo Ningyocho Building, which were sold for 4.21 billion yen, 1.16 billion yen, 6.2 billion yen, and 2.65 billion yen, respectively, the filing said.

TYO:8975
Asia

Ichigo Office REIT Investment Six-Month Net Income Drops 13%

Ichigo Office REIT Investment's (TYO:8975) net income fell 13% to 3.63 billion yen in the six months ended April 30 from 4.17 billion yen in the previous half-year period.The REIT's net income per share declined to 2,362 yen from 2,700 yen in the previous six-month period, according to a Tokyo bourse filing on Wednesday.Operating revenue dropped 6.2% to 8.70 billion yen from 9.27 billion yen in the prior half-year period.The company declared a final dividend of 2,376 yen per share, payable from July 22.For the six months ending Oct. 31, the REIT expects net income of 8.68 billion yen and operating revenue of 14.2 billion yen.For the April 2027 fiscal period, it forecasts net income of nearly 3 billion yen and operating revenue of 8.26 billion yen.Ichigo Office plans to pay dividends of 5,683 yen per share for October 2026 and 2,010 yen per share for April 2027.

TYO:8975
Asia

Ichigo Office REIT Secures New Loans to Refinance Debt

Ichigo Office REIT Investment (TYO:8975) said it will secure new loans totaling 7.15 billion yen to refinance existing borrowings, according to a Thursday filing on the Tokyo Stock Exchange.The loans, arranged with multiple lenders including SMBC, Mizuho and MUFG, carry floating and fixed rates with maturities extending to 2034.

TYO:8975
Asia

Ichigo Office REIT Appoints CBRE as New Property Manager

Ichigo Office REIT Investment (TYO:8975) said it will appoint CBRE as property manager for the Ichigo Tachikawa Building, replacing Dai-ichi Building, effective May 1, according to a Thursday filing on the Tokyo Stock Exchange.

TYO:8975

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