09:34 AM EDT, 07/30/2025 (MT Newswires) -- KKR (KKR) and Bain Capital are among three groups preparing to bid for Japan-based Sapporo's real estate business with an estimated sale price of 400 billion yen ($2.67 billion), Reuters reported Wednesday, citing sources familiar with the matter.

The deadline for submitting bids in the second round of bidding is in August and the sale is likely to be finalized in November, the report said.

Potential bidders include Lone Star and Kenedix, Bain and Tokyu Fudosan, and KKR, PAG and Nomura Real Estate, according to the report.

KKR, Bain Capital and Sapporo did not immediately respond to MT Newswires' request for comment.

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