Market Chatter: HSBC Sells Tokyo HQ, Prepares Move to New Station-Side Tower

MT Newswires Live08-07 11:36

HSBC (HKG:0005) has offloaded its Tokyo headquarters building in Nihonbashi to a Mitsubishi HC Capital (TYO:8593) unit, while leasing back the space until its new office is ready, Bloomberg News reported on Friday, citing people familiar with the matter.

HSBC Japan CEO Takeo Kaneko said in a LinkedIn post on Wednesday that the bank is relocating to a new building in the Yaesu 2-Chome area, near Tokyo Station, in 2029.

HSBC declined to comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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