
A major Wall Street firm might purchase Nissan’s HQ
According to new reports from Reuters and Bloomberg, KKR & Co. has emerged as the top bidder for the headquarters of Japanese automaker Nissan. Represented through KJR Management, its Japanese real estate arm, the Hudson Yards-based firm offered around ¥90 billion ($610 million) for the Altima maker’s 22-story office building in the central business district of Yokohama, a port city just outside the southern tip of Tokyo.
The report denotes that KKR and KJR Management are looking at ways to raise money for the purchase, which may include the possibility of leasing office space to Nissan over a period of 10 years. However, discussions are still ongoing regarding a deal that isn’t anywhere close to final just yet.
Nissan’s HQ sale is part of its cost-cutting plans
Discussions about a potential sale of its headquarters emerged in a Nikkei Asia report back in May 2025, where sources noted that it was listed on a list of assets designated to be sold by the end of the 2025-2026 fiscal year ending in March 2026. A local real estate agency valued the building at over ¥100 billion ($698 million), an amount it would use to cover the costs associated with plant reductions and restructuring.
“We plan to cover the restructuring costs through asset sales,” CEO Ivan Espinosa said, according to Nikkei Asia.
The report comes in a timely manner for both parties. The New York-based KKR already has a healthy portfolio that includes stakes in everything from Simon and Schuster to Safeway, but lately, it has been looking for private equity and real estate opportunities in Japan. Last year, its Co-Chief Executive Officer, Joseph Bae, said that Japan was the firm’s most active investment market outside the US.
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