OFA Group Completes Acquisition and Title Registration of Tokawa Coastal Property in Choshi, Japan
Key Highlights
- ➤Tokawa property acquisition and title registration completed October 1, 2026
- ➤7,062-square-meter coastal parcel adds company-owned Japanese real estate asset
- ➤OFA evaluating premium private-pay senior living and wellness community
- ➤Development remains conceptual; no application submitted and regulatory approvals required
- ➤Choshi Music Park lease remains unsigned as negotiations continue
Expert Statements
Larry Wong, Chief Executive Officer of OFA Group
“Completing the acquisition and title registration of the Tokawa property represents another important step in OFA’s long-term commitment to Choshi”
Larry Wong, Chief Executive Officer of OFA Group
“Importantly, this transaction adds a company-owned real estate asset to OFA’s asset base in Japan and provides us with a tangible foundation for future development.”
Larry Wong, Chief Executive Officer of OFA Group
“We believe the property’s coastal setting presents an attractive opportunity to evaluate a distinctive premium senior living and wellness concept, while we continue to expand OFA’s long-term presence in Choshi.”
Acquisition adds a company-owned coastal real estate asset to OFA’s asset base and expands its presence in Choshi as the Company evaluates the property for a premium senior living and wellness-oriented concept
CHOSHI, Japan, Oct. 09, 2026 (GLOBE NEWSWIRE) -- OFA Group (Nasdaq: OFAL) (“OFA” or the “Company”) today announced that its wholly owned subsidiary, OFA Japan Asset Management Co., Ltd., has completed the acquisition and title registration of the former Tokawaen property in Choshi, Japan. The transaction adds a company-owned coastal real estate asset to OFA’s asset base and further expands the Company’s physical presence and long-term investment footprint in Choshi.
Get started
Create a free account to read the full story.