06:58 AM EDT, 08/21/2025 (MT Newswires) -- KKR (KKR) is the top contender to purchase Nissan Motor's Yokohama headquarters in Japan with a bid of about 90 billion yen ($608.7 million), Reuters reported Thursday, citing a source familiar with the matter.

The private equity giant has submitted the highest bid, though negotiations are still in progress, the unnamed source told the news agency.

A potential sale is contingent upon a lease-back of the property for 10 years, according to the report.

KKR and Nissan didn't immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)