Japan Broadcaster Seeks Buyer for $5 Billion Real Estate Arm, Orcas Included

What’s shaping up to be one of Japan’s hottest real estate deals in recent memory includes a prime office tower in Tokyo’s financial district, several nursing homes — and a handful of killer whales.

Broadcaster Fuji Media Holdings Inc. is looking to sell its Sankei Building Co. unit in a deal that could value the property company at anywhere from ¥500 billion to ¥800 billion ($3 billion to $5 billion), according to people familiar with the matter. That looks set to make it the biggest real estate deal of the year, said Shota Otani, head of investment research at the Sumitomo Mitsui Trust Research Institute.