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

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"),…
Elliott Statement on Sumitomo Realty & Development Co., Ltd. - Sumitomo Realty & Dev Co (OTC:SURYY)
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"), making Elliott one of the Company's largest shareholders, note the results of Sumitomo Realty's 2025 Annual General Meeting of Shareholders. Full story available on Benzinga.com
Elliott issues statement on Sumitomo Realty & Development strategy
LONDON, July 1, 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"), making Elliott one of the Company's largest shareholders, note the results of Sumitomo Realty's 2025 Annual General Meeting of Shareholders. In our view, the low approval rate for…
Coverage Details
Bias Distribution
- 65% of the sources are Center
To view factuality data please Upgrade to Premium