TSE:8053Trade Distributors
Sumitomo Expands U.S. Industrial Real Estate As Valuation Premium Persists
SCOA Real Estate Partners, a subsidiary of Sumitomo Corporation of Americas, has appointed Joe Wickenhauser as Associate to its industrial investment team.
Wickenhauser brings experience from MetLife Investment Management and service in the U.S. Army.
The subsidiary has completed closings on two new U.S. industrial projects aimed at supporting local economies.
Sumitomo (TSE:8053), trading at ¥6,015.0, has seen a long running share price move, including a 90.0% return over the past year and...