Ichigo's Value-Add
About Value-Add
Ichigoʼs Value-Add deploys environmental and construction technology and knowhow to add value to existing buildings. By maximizing the potential of existing buildings, Value-Add is an environmentally-friendly alternative to destructive redevelopment and contributes to a sustainable society.
Fierce Commitment to
Highest-Quality Tenant Service & Sustainability
Ichigo Lounge
Ichigo Office transforms spaces into Ichigo Lounge high-quality office spaces designed for comfort and functionality. Ichigo Lounges are shared-use spaces for the exclusive use of tenants, featuring meeting tables, TV screens and monitors for meetings, Wi-Fi, and beverages.
Ichigo Uchi Honmachi Building (Chuo-ku, Osaka)
Outcomes
| Capex | JPY 19M |
|---|---|
| Rent Increase | N/A (created new tenant office space) |
| NOI | +JPY 6M p.a. |
| ROI | 35.1% |
Ichigo Higashi Ikebukuro Building (Toshima-ku, Tokyo)
Outcomes
| Capex | JPY 29M |
|---|---|
| Rent Increase | +59.3% |
| NOI | +JPY 9.5M p.a. |
| ROI | 32.4% |
Ichigo Layout Office
Ichigo Office supports the growth of start-ups via its Ichigo Layout Offices, highquality office spaces featuring flexible layouts that can be changed by tenants.
These spaces reduce tenantsʼ start-up costs and can accommodate tenant growth.
Ichigo Uchikanda Building (Chiyoda-ku, Tokyo)
The design of the buildingʼs Ichigo Layout Office was inspired by a garage, based on the idea that some global companies started in a garage. The muted colors used throughout the space evokes a calm atmosphere.
Outcomes
| Capex | JPY 24M |
|---|---|
| Rent Increase | +45.5% |
| NOI | +JPY 7M p.a. |
| ROI | 29.4% |
Ichigo Jimbocho Building (Chiyoda-ku, Tokyo)
The buildingʼs Ichigo Layout Office was initially designed for use by a 15-20 person start-up. In order to accommodate the growth needs of the company, Ichigo Office provided mobile furniture allowing the tenant to flexibly change layouts, increasing the maximum capacity of the space from 19 to 26 employees. The high-quality office space has an open and natural interior design and exercise machines for tenant use.
Outcomes
| Capex | JPY 14M |
|---|---|
| Rent Increase | +75.0% |
| NOI | +JPY 6.1M p.a. |
| ROI | 41.9% |
Other Value-Add Examples
Ichigo Nogizaka Building (Minato-ku, Tokyo)
The buildingʼs high-quality shared work space designed to help tenants communicate and collaborate increase tenant satisfaction and drive earnings.
Meeting rooms are separated by glass partitions to create a spacious feel, and the space is designed to maximize the view from the windows.
Outcomes
| Capex | JPY 58M |
|---|---|
| Rent Increase | +16.3% |
| NOI | +JPY 25M p.a. |
| ROI | 44.1% |