KKR is lead bidder for Nissan $610 million headquarters sale, source says

VoM News Desk | August 21, 2025 | 02:25 PM IST | Breaking News, Business, World | Follow on Google News

KKR is lead bidder for Nissan $610 million headquarters sale, source says

TOKYO, Aug 21 (Reuters) – KKR (KKR.N) is the leading candidate to buy the Yokohama headquarters of automaker Nissan Motor (7201.T), and has offered around 90 billion yen ($609.80 million), a source familiar with the matter said on Thursday.

KJR Management, a real estate unit owned by KKR, submitted the highest bid but negotiations are ongoing, said the person, who declined to be named because the matter is not public.

Italian fashion house Valentino hires Riccardo Bellini as CEO

A 10-year lease-back of the building is a condition of the sale, the source said.

KKR and Nissan declined to comment.

New Zealand faces most challenging security environment in recent time, report shows

Details of the bidding were first reported by Bloomberg.

($1 = 147.5900 yen)

VoM News Desk

VoM News is an online web portal in jammu Kashmir offers regional, National & global news.