Core Viewpoint - Sapporo Holdings is planning to divest its real estate business to a consortium led by KKR for 400 billion yen ($2.6 billion) to focus on its core beer brewing operations [1][2][3] Group 1: Company Strategy - Sapporo aims to concentrate management resources on its primary operations, specifically its beer business, by negotiating the sale of its real estate assets [2] - The funds generated from the sale will be reinvested into the beer business and other areas to enhance corporate value [3] Group 2: Real Estate Business Details - The real estate holdings include the Yebisu Garden Place in Tokyo, which features the Yebisu Brewery along with dining and shopping options [2] - The investment consortium, which includes KKR and PAG, plans to increase property profits by attracting new tenants and considering future redevelopment of Yebisu Garden Place [3] Group 3: Market Reaction - Following the announcement of the sale, Sapporo's shares increased by 2.86% [4]