Nokia and other technology giants sell buildings in winter

Following Nokia’s sales, there was news late last week that Sony is planning to sell a building in the Tokyo headquarters building with the aim of accelerating the speed at which stripping of unimportant assets can raise cash.

Since Nokia sold its headquarters building in New York, Finland and other buildings, news of Sony's sale of the building was reported. This all led to the assumption that the "winter" of the tech giant has arrived, and its performance has been declining and costs have increased. This has caused the market to be unsatisfactory. Technology companies are even worse.

The same with Nokia, Sony will continue to stay in the building after the sale of the building, the implementation of this part of the sale of the leaseback. The Sony City Osaki office building in Tokyo costs between 100 billion yen and 130 billion yen. It is one of Sony's main office areas and can accommodate nearly 5,000 employees.

It is understood that although this news is merely an rumors, Sony’s net loss in the second quarter of last year was about 194 million U.S. dollars, which was the seventh consecutive quarter of losses. It seems that Sony is not willing to sell flats. In addition to selling buildings, and other informed sources, Sony also plans to sell battery business to ease the financial crisis.

Sony is a "car salesman." According to statistics, Sony had several sales in history. With the recent decline in performance, the losses continued. Last month, the news that Sony was about to sell the US headquarters building was also reported. In 2006, Sony sold its former headquarters in Tokyo. In 2008, Sony sold the Berlin headquarters building for approximately US$1 billion.