Nissan Eyes Selling HQ Office to U.S. Investment Fund for 90 Bil. Yen
7 Articles
7 Articles
Nissan is considering the sale of its headquarters, in the city of Yokohama, south of Tokyo, to the US investment fund KKR, in the context of the cost reduction process - which has as its main objective the return to profitability. They anticipate it sources to the knowledge of the dossier, cited by the agency Kyodo, explaining that the funds deriving from the operation should amount to approximately 90 billion yen, equal to 523 million euros. I…
Nissan HQ in Yokohama draws $610M bid from KKR & Co.
On the Dash: KKR is the lead bidder for Nissan’s $610M Yokohama headquarters. The sale would give Nissan cash while leasing back the HQ for 10 years. Nissan is restructuring amid losses, debt, and EV market competition. KKR & Co. has become the leading bidder to acquire Nissan’s global headquarters in Yokohama, Japan, in a potential $610 million sale, according to sources familiar with the matter who spoke to Bloomberg. The move is part of Niss…
KKR emerges as lead bidder for Nissan’s $610 million Yokohama HQ sale, source says
KKR has emerged as the frontrunner to acquire Nissan Motor's Yokohama headquarters with a bid of approximately 90 billion yen ($609.80 million). KJR Management, KKR's real estate arm, submitted the leading offer, though negotiations are still in progress. A key condition of the sale is a 10-year lease-back agreement for the building.
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