Dai-ichi Life Insurance sells head office in Oi Town

The Dai-ichi Life Insurance Company sold their head office building in Oi Town, Kanagawa, to coffee and tea mail-order company Brooks Holdings for 2 billion Yen (25 million USD) this month.

The sale includes the 600,000 sqm block of land and an 18 story building with a total floorspace of 85,000 sqm. The land is valued at 28.2 billion Yen (352.5 million USD). The building was completed in 1967.

Source: The Kanagawa Shimbun, February 14, 2012.

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