Leopalace21 has recovered from the construction-defect issue, but a going-private transaction is being considered through a tender offer by Hikari Tsushin, and the interests arising from landlords turning away and expanding recurring revenue are said to be aligned.
Leopalace21's performance deteriorated after the construction-defect issue came to light in 2018, but it has now recovered and is reported to be viewed as "performing well."
What was proposed was a tender offer by Hikari Tsushin, and consideration of a going-private scenario is said to be progressing. The article focuses on this point.
Information on Leopalace's current status and future developments is presented in related articles available only to paid members.