Activist investors are likely to find more opportunities in 911±¬ÁÏÍø real estate as unrealized gains are poised to swell under new Liberal Democratic Party leader Sanae Takaichi.
The prospect of faster inflation and rising asset prices under Takaichi, who¡¯s almost certain to become the country¡¯s next prime minister, is seen as favoring loose monetary policy that would probably further boost paper gains in corporate property. That¡¯s a lure to activist funds looking to raise shareholder value.
The value of such assets for about 330 major listed companies has already grown to an aggregate ?31 trillion ($203 billion), according to compiled data, due to rising land prices and property development. That¡¯s an increase of 26% from five years ago, and some strategists project it will rise further.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.