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(Adds details from WSJ report in paragraph 3, background in paragraphs 5-6)
Sept 10 (Reuters) - Activist investor Jonathan Litt is seeking board changes at the real-estate investment trust Ventas , the Wall Street Journal reported on Sunday.
Litt's Land & Buildings Investment Management said changes are required to reverse the underperformance at the company, the report said, citing a letter that the Journal said it reviewed. Litt plans to send the letter to the company's shareholders, the Journal reported.
Land & Buildings said in the letter that it would do "whatever is necessary" to turn things around, which could include nominating multiple directors, the report said.
Both Ventas and Land & Buildings did not immediately respond to Reuters requests for comment.
Land & Buildings had entered into a proxy battle with the company in 2022. Litt nominated himself as a director candidate to win a board seat, but the effort fell short and he withdrew the nomination.
Land & Buildings investor owns about $50 million of Ventas' shares, amounting to a stake of less than 1%, according to the WSJ report.
(Reporting by Anirudh Saligrama in Bengaluru; Editing by Leslie Adler)