KKR Is a Frontrunner in Nissan’s $610 Million HQ Sale

The Nissan Motor global headquarters in Yokohama, Japan.Photographer: Akio Kon/Bloomberg

KKR & Co. has emerged as the lead bidder to buy Nissan Motor Co.’s global headquarters, according to people familiar with the matter, as the embattled carmaker sells off assets to shore up its finances.

KJR Management, a Japanese real estate unit of KKR, offered around ¥90 billion ($610 million) for the 22-story office building, the highest bid among several submitted by investment firms, the people said, requesting not to be named because the information is private.