Hidden Billions in Tokyo Real Estate Lure Activist Hedge Funds

Consider the large difference between book value and market value in Mitsui’s Tokyo Midtown building — a 54-story skyscraper in the heart of the city’s buzzy Roppongi area that includes offices, a Ritz-Carlton hotel, and retail and dining facilities. Mitsui developed and opened the property in 2007. ( read original story ...)