TEPCO doubles their real estate sell-off to 200 billion Yen

Tepco's Tokyo Headquarters in Hibiya, Chiyoda-ku

In order to raise funds to pay compensation for the Fukushima Daiichi Nuclear Power Plant disaster, Tepco are planning to sell approximately 200 billion Yen (2.6 billion USD) of their vast real estate holdings. One of their assets includes their company headquarters in Hibiya in central Tokyo which is expected to sell for 10 billion Yen (130 million USD).

The planned sell-off will include approximately 280 properties including company dormitories and company retreats.Read more