Sony to sell US headquarters for 1.1 USD bln

Friday 18 January 2013 | 10:18 CET | News
Sony Corporation of America (SCA) it has signed a contract to sell its US headquarters building, located in New York City, to a consortium led by The Chetrit Group, the US-based owner of commercial properties. The sale price is USD 1.1 billion, and it is expected that the transaction will close in March this year. SCA and other Sony businesses (including Sony Music Entertainment, Sony/ATV Music Publishing and Sony Pictures Entertainment) will remain in the building for up to three years under a leaseback arrangement with the purchaser. After repaying debt related to the building and other

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Sony
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Sony returns to profit, sees further growth in coming year

Published 09 May 2013 08:58 CET | World
Sony reported results for its fiscal year to March 2013 in line with its recently revised forecast. Revenues rose 4.7 percent to ...

Sony offers PlayStation Mobile Developer Programme in China

Published 21 Jan 2013 21:13 CET | Hong Kong
Sony Computer Entertainment (SCE) has announced that it is now offering the PlayStation Mobile Developer Programme which includes ...

Google wil nieuw HQ in Londen, Sony verkoopt HQ in New York

Published 18 Jan 2013 10:43 CET | United Kingdom
Sony gaat zijn Amerikaanse hoofdkantoor in New York verkopen aan een consortium dat aangevoerd wordt door The Chetrit Group. Sony ...

Sony Mobile offers free games for Sony smartphones, tablets

Published 17 Jan 2013 15:46 CET | World
Sony Mobile launched a promotion whereby owners of Sony smartphones or tablets are offered a free PlayStation Mobile game every ...

Sony France tweets February release for Xperia Z

Published 16 Jan 2013 11:59 CET | France
Sony Mobile France has revealed on Twitter account that the Sony Xperia Z LTE smartphone will be released at the end of February. ...

Sony Xperia Z starts selling in Poland

Published 15 Jan 2013 10:22 CET | Poland
Sony Centres and the company Mobile Net Sport have started sales of the smartphone Sony Xperia Z in Poland, reports Media2.pl. ...

Personalized Media, Sony enter patent licensing agreement

Published 14 Jan 2013 17:19 CET | World
Personalized Media Communications announced it has concluded an expanded, comprehensive patent licensing agreement with Sony. The ...

Sony Network Entertainment to launch in Brazil this year

Published 14 Jan 2013 10:25 CET | Brazil
Sony Network Entertainment, which distributes movies, music and games to users of Sony devices, will come to Brazil this year, ...

FY Service revenue up
Belgium  |  2016 Q4

Calendar   /   Industry Events

01 May Broadsoft Q1 2017
01 May SBA Q1 2017
01 May Harmonic Q1 2017
02 May Symantec fiscal Q4
02 May Net Insight Q1 2017
02 May Megacable Q1 2017
02 May Viavi fiscal Q3
02 May Inphi Q1 2017
02 May Akamai Technologies Q1 2017
02 May Frontier Communications Q1 2017
02 May Twilio Q1 2017
02 May Otelco Q1 2017
02 May Charter Communications Q1 2017
02 May Loyalty Expo 2017
03 May Level 3 Q1 2017
03 May Centurylink Q1 2017
03 May CSG Systems Q1 2017
03 May CyrusOne Q1 2017
03 May Telecom Italia Q1 2017
03 May Swisscom Q1 2017
03 May Aerohive Networks Q1 2017
03 May NXP Semiconductors Q1 2017
03 May Arris Q1 2017
03 May Real Networks Q1 2017
03 May Tivo Q1 2017
03 May Sprint fiscal Q4
03 May Oclaro fiscal Q3
03 May Interxion Q1 2017
03 May Orange Belgium AGM
03 May SDN & NFV India Conclave 2017
::: More Calendar Items