Listed property group Oxley Holdings announced that it is acquiring a property located at Lot Numbers 1603 and 1604, Akasaka 2-chome, in the Minato ward lo Tokyo, Japan, for ¥655 million ($7.47 million). The property comprises an 11-storey condominium block, with a total gross floor area of 7,008 sq ft sitting on a freehold land area of 1,779 sq ft. The group intends to hold the property for investment purposes.

This article appeared in the City & Country of Issue 668 (Mar 16) of The Edge Singapore.