Straits Real Estate

Straits Real Estate makes maiden entry into Japan residential market

THE Straits Trading Company's subsidiary, Straits Real Estate, has entered into a conditional purchase and sale agreement with Osaka-based developer Chinju Co to acquire three residential buildings located in Central Osaka for 6.2 billion yen (S$76.8 million). Completion of the acquisition is expected to take place by end-June. "The acquisition will complement Straits Real Estate's existing...

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