SINGAPORE (Jan 28): Oxley Holdings announced that its wholly-owned subsidiary, Oxley Docklands Quay Three, along with National Asset North Quays DAC have entered into a letter agreement with Greystar Europe Holdings for the sale of the long leasehold interest in part of Blocks B and E, Dublin Landings, North Wall Quay, Dublin 1, Ireland for 175.5 million euros ($270.8 million).

Greystar has been granted exclusivity period until March 4 to conduct comprehensive due diligence on the property.

The property comprises 268 residential units in seven blocks, together with external common areas and 210 car parking spaces.

The unconditional contract of sale is expected to be exchanged on Feb 27.

Shares in Oxley last traded at 29 cents on Friday.