Just as the nation is about to manufacture inflation and drive up real estate prices again? My jreits have gone up so much just anticipating that bubble.

Sony needs to stop listening to investment bankers. All those acquisitions en route to multimedia conglomerate left them in so much debt. All these non core business activities are killing them. Give us Sony back!!!

Be ironic if Samsung bought theire building after a US investment bank agrees to acquire the Sony building.

Even more ironic if these advisors start talking Sony into divesting some business units.

LOL.. -->  "Sony plans to sell one of its main buildings in Tokyo as the former electronics titan tries to raise enough CASH TO FUND its huge restructuring, a report said Thursday."

where does it say 'because they have too much space'? lol seriously man.. do you just jump into sony article and start defending sony? lol stop making things up!! ..

yea sony are dying, ps3 was supposed to be their last console but now its going to be PS4, than PS5, than PS6 and the doom will probably go on forever.

Sony's an electronics company, not a property company. It shouldn't own any buildings unless they're factories making their products, even then leasing is the better way to go. Much better to cash up the assets and lease the number of floors they need back off the new owner. Leave building ownership to property companies. You don't expect property companies to get into the electronics game, so electronics companies shouldn't be in the property game.

Sony purchased the ATT building in New York for 230 million dollars and is looking to sell it for 1 billion dollars, nice gain especially if its leasing terms are favorable.

Im sure its the same for its Tokyo HQ.

Ever heard of putting your money into productive assets? Owning your office building is just one giant phallic symbol to wave around at the world. Fine and dandy when you're bullet proof but it's the first thing to sell off when the lean times hit. It makes as much financial sense as owning corporate jets.

If I buy something and sell it for a higher price later on, it doesn’t matter when I purchased it, if I’m getting more money, that’s a gain on my investment.  And Kaz repeatedly said during his interviews at CES that the company is going to continue to look at assets that are not core to their strategy and jettison them.  So im expecting more announcements in the future for asset sales (except movies and music as he said they are not for sale)

Nokia just last month sold their HQ in Finland and there was not this much coverage (i.e a non event), insert Sony, thread explosion.

You know its bad when you can't afford the "nice cities" like Tokyo and New York.

LOL You've got a problem, dude.  Trying to twist everything into a fanboy perspective is kind of sad.  Saying they should liquidate property if they're eliminating employees is defending?  I defended nothing, I simply said it was a logical move.  How you get defending out of that, I do not know.  LOL

LOL  If I'm wrong then I'm wrong, but that doesn't explain your attitude.  I didn't realize they would be renting it back, as that's not in the OP, and instead assumed they would be consolidating staff into other Tokyo offices.  LOL

Edit:  I think "LOL" is the dumbest thing ever in discussion posts but I added a few to make you feel more comfortable.

Thanks for the sane reply.  While I disagree that all the jobs cut will be in factories only, as middle management is often hit hard during restructuring, I didn't know that Sony would be renting this building back.  I just assumed they would be consolidating staff in other locations, the way they did with their last development studio cut.