CBRE Advises Panasonic and Kyocera on Land Sale, Maximizes Value of Asset

CBRE (Japan Headquarters: Marunouchi, Chiyoda-ku, Tokyo) recently supported the sale of land in Osaka that previously housed Panasonic subsidiary Sanyo Electric’s Suminodo factory and Kyocera’s Osaka Daito Office.

In December 2020, CBRE was exclusively appointed to advise Panasonic and Kyocera with the sale of their land in Sanyo-cho, Daito, Osaka. In order to maximize the value of the clients’ assets and find an optimal solution, CBRE compared and analyzed the expected uses and prices based on in-house market data. Under the assumption of the land being used for the development of logistics facilities, CBRE then formulated an appropriate volume plan, target rent, operating cost, and exit CAP rate. While ensuring feasibility, CBRE was able to come to a price that far surpassed the original estimate.

Yasutaka Yoshiki, Director of CBRE Corporate Coverage, said, "In this project, we harnessed CBRE's knowledge and insights gained over the last 50-plus years and provided highly detailed and specialized sales support. We maximized value by leveraging CBRE's comprehensive capabilities and had multiple departments collaborate, from research, leasing, brokerage, project management, to property management. We are pleased to have provided solutions that were aligned with Panasonic and Kyocera’s strategies, and were able to deliver superior results"

Project Outline

For inquiries about this project
Yasutaka Yoshiki
Director, Corporate Coverage
[email protected]
Tel. +080-5408-1258

About CBRE Corporate Coverage Services
CBRE Corporate Coverage aspires to be an exclusive business partner to clients, providing a single point of contact for real estate solutions such as brokerage services (lease/buy/sell), valuation, consulting, project management, and facility management.