Latest Nippon Bldg Fd Inc (NBFJF) Headlines S
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Posted On: 03/10/2014 6:10:09 PM
Latest Nippon Bldg Fd Inc (NBFJF) Headlines
Sony Corporation Announces Sale of "Sony City Osaki" Office Building and Premises
M2 - Thu Feb 28, 4:36AM CST
Sony Corporation ("Sony") today announced that it has sold its Sony City Osaki office building and premises to Nippon Building Fund Inc. and a Japanese institutional investor. The sale was structured such that Sony placed the office building and premises in a trust and then sold the trust beneficiary rights. Sony and other Sony Group businesses will remain in the building for a period of five years after the sale under a lease agreement entered into separately.
Sony Corporation Announces Sale of "Sony City Osaki" Office Building and Premises
M2 - Thu Feb 28, 4:36AM CST
Sony Corporation ("Sony") today announced that it has sold its Sony City Osaki office building and premises to Nippon Building Fund Inc. and a Japanese institutional investor. The sale was structured such that Sony placed the office building and premises in a trust and then sold the trust beneficiary rights. Sony and other Sony Group businesses will remain in the building for a period of five years after the sale under a lease agreement entered into separately.
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