LONDON -- U.S. activist investor Elliott Investment Management has acquired shares in Japan's Sumitomo Realty & Development, Nikkei has learned.
Property
Activist Elliott acquires stake in Japan's Sumitomo Realty
U.S. hedge fund has been pressuring developers to boost corporate value
Elliott has acquired stakes in other Japanese real estate developers, including Mitsui Fudosan. (Photo by Konosuke Urata)
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