Making friends with major Arab investors leads today’s collection of real estate news from around the region as Blackstone teams with a subsidiary of ADIA chairman Tahnoon bin Zayed al-Nahyan’s International Holding Company to exploit the Arab world’s booming e-commerce… Read More>>
Activist Investor Elliott Pressures Japan’s Sumitomo Realty to Boost Shareholder Value
Activist investor Elliott Management has issued a set of demands to Sumitomo Realty & Development, vowing to oppose members of the Tokyo-listed builder’s senior management at a shareholder meeting if corporate governance and value-enhancing initiatives aren’t addressed.
In a letter… Read More>>