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Straits Trading to buy 3 apartment buildings in Tokyo for 3.08 billion yen

Fiona Lam

Fiona Lam

Published Fri, Sep 27, 2019 · 09:50 PM

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Singapore

MAINBOARD-LISTED Straits Trading Company is looking to acquire three freehold apartment buildings in Tokyo, Japan, for a total of 3.08 billion yen (S$39.5 million).

Two of its Japanese subsidiaries, Residence 4 GK and Residence 5 GK, have inked conditional purchase and sale agreements to buy the 100 per cent trust beneficiary interests of the three residential properties, Straits Trading said on Thursday night.

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