institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

Elliott Statement on Sumitomo Realty & Development Co., Ltd.

  • Elliott Investment Management and Elliott Advisors hold over 3% of Sumitomo Realty & Development Co., Ltd., making them one of the largest shareholders in the company.
  • Elliott expressed that the low approval rate for senior management shows investor dissatisfaction with Sumitomo Realty's current direction.
  • Elliott noted that despite having a high-quality portfolio, Sumitomo Realty is Japan's most undervalued real estate developer.
  • Elliott plans to continue dialogue with Sumitomo Realty's management to support improvements in shareholder returns and corporate governance.
Insights by Ground AI
Does this summary seem wrong?

62 Articles

All
Left
4
Center
20
Right
7
Lean Left

Sumitomo Realty & Development ‘remains Japan’s most undervalued real estate developer,” Elliott told the company in a letter.

·Chiyoda, Japan
Read Full Article
The Berkshire EagleThe Berkshire Eagle
+55 Reposted by 55 other sources
Center

Elliott Statement on Sumitomo Realty & Development Co., Ltd.

LONDON, June 30, 2025 /PRNewswire/ -- Elliott Investment Management, L.P. and Elliott Advisors (UK) Limited ("Elliott"), which advise funds that together have a more than 3% ownership stake in Sumitomo Realty & Development Co., Ltd. ("Sumitomo Realty" or the "Company"),…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 65% of the sources are Center
65% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Benzinga broke the news in New York, United States on Monday, June 30, 2025.
Sources are mostly out of (0)

Similar News Topics