Market talk says Mitsui Fudosan rate worries are overstated
Morningstar’s Xavier Lee said investor concerns that rising interest rates are weighing on Mitsui Fudosan appear overstated, adding the market isn’t appreciating the firm’s strong balance sheet and value-unlocking via monetization.
Investor concerns over Mitsui Fudosan's business being weighed by rising interest rates appear overstated, says Morningstar's Xavier Lee in a note.
The market doesn't seem to appreciate the Japanese real-estate developer's strong balance sheet and ability to unlock value through monetizing its asse…