The advent of 'Abenomics' has sent shares in Japanese Reits (J-Reits) soaring, but the high-yielding shares of Aim-traded Japan Residential have been left behind. In fact, there would be about 50 per cent upside were the shares to re-rate to equivalent multiples to Japanese peers, which highlights the attractions of the company as a bid target following rebuffed approaches last year.
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