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2025-07-30 16:49:41
[$2.7 Billion Real Estate Battle: How Will Japanese Corporate Giants Decide?] ⑴ According to sources, three major investment groups are actively preparing to bid for Sapporo Holdings' real estate business. ⑵ The highly anticipated transaction is expected to fetch approximately 400 billion yen, equivalent to approximately $2.7 billion. ⑶ The second round of bidding closes in August, with the final bidder expected to receive exclusive negotiating rights and close the deal in November. ⑷ The three groups preparing to bid include a combination of Lone Star and Kenedix, an alliance between Bain Capital and Tokyu Land, and a collaboration between KKR, PAG, and Nomura Real Estate. ⑸ This move comes as Sapporo Beer faces pressure from activist investors to divest its real estate business to improve profit margins. The company has stated plans to increase investment in its beverage business. ⑹ As Japan emerges from deflation and interest rates remain low, real estate has become a hot commodity for local investors. ⑺ The core asset of Sapporo's real estate business is the Yebisu Garden Place complex in Tokyo, the value of which may fluctuate depending on factors such as the scope of redevelopment. ⑻ Singapore's 3D Investment Partners has been pushing Sapporo Beer to improve capital efficiency and divest its real estate business
