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Darrel Whitten » Comments » MITEY.PK

  • Japanese Property: Fear Has Overcome Greed [View article]
    Bill;
    Mitsubishi Estate and Daibiru were mentioned because of Seeking Alpha's requirement to mention stocks that are traded in the US, which these two are in ADR (OTC) form. Personally, I like Sumitomo Realty (TSE Code: 8830) better because of its higher Beta to bull runs in real estate-related stocks. Mitsubishi Estate is the Cadillac (or Mercedes S550) of the Japanese real estate companies, being landlord of the some of the best commercial properties in Japan, such as the Marunouchi central business district around Tokyo station.
    Sep 11 05:16 am |Rating: 0 0 |Link to Comment
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