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Old 02-28-2013   #1
marty370
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Sony Sells Tokyo Offices for $1.2 Billion in Turnaround Plan

Sony Corp. (6758) sold a building in Tokyo for 111.1 billion yen ($1.2 billion), its third major asset sale this year, as the company strives to avoid a fifth straight annual loss.

The world’s No. 3 TV maker will book a 41 billion-yen gain this quarter from selling the building in Shinagawa ward, according to a statement today. The company will lease the offices from the new owners, a group led by Nippon Building Fund Inc. (8951)
http://www.bloomberg.com/news/2013-0...-in-tokyo.html
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Old 02-28-2013   #2
Ada Love Lace
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There are other company, IIRC, Square enix making some move also (but it s more like moving to other district).
And also for Sony, iirc, this is not the main office but for marketing.
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Old 02-28-2013   #3
marty370
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Originally Posted by Ada Love Lace View Post
There are other company, IIRC, Square enix making some move also (but it s more like moving to other district).
And also for Sony, iirc, this is not the main office but for marketing.
Sony's not moving they sold the building, but will least it. Whilst pocketing $700 million profit.
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