Saturday, October 22, 2005

Sony seeking Sale Leaseback on Eoropean Property Portfolio

Estates Gazette reports that Sony has hired Cushman & Wakefield Healey & Baker to arrange a sale leaseback for a two million sf property portfolio in the UK, Italy, Switzerland, Germany, the Netherlands and Belgium. The bulk of the portfolio will be offices and the balance manufacturing sites. Sony reportedly plans to stay in only around 60% of the properties. Sphere: Related Content

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