12:28 PM EDT, 10/14/2025 (MT Newswires) -- KKR (KKR) and alternative investment firm PAG have secured preferential negotiating rights to acquire the real estate business of Japan's Sapporo Holdings, Nikkei reported Tuesday.

Sapporo aims to finalize an agreement by mid-November and plans to use the proceeds for its alcoholic beverage business, according to the report.

The transaction would involve Sapporo Real Estate, a wholly owned subsidiary that manages Yebisu Garden Place in Tokyo's Shibuya district, along with office buildings and residential properties, the report said.

KKR did not immediately respond to MT Newswires' request 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.)

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