Activist investors are likely to find more opportunities in Japanese 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.