Dentsu mulls sale of its US$3bn Tokyo HQ building
Interesting article below on the potential sale of Dentsu’s US$3bn HQ building in Tokyo which could become the largest property transaction ever in Japan. This comes on the back of the high-profile sale of Avex's HQ building in Aoyama recently to BentallGreenOak. Is this the start of a wave of sales of real estate holdings by non-real estate companies in Japan? At Nikota, we think it is likely to be, and it is something we have been talking about for a while.