- Language: English
- Published: August 2011
Industry Report Card: Asia-Pacific REITs Return To Debt Capital Markets As Confidence In The Sector Builds May 11
- Published: May 2011
- Standard & Poors
The credit outlook is certainly looking up for Asia-Pacific's real estate investment trusts and real estate operating companies (collectively, REITs). After going on a drastic debt diet, undertaking sizable equity raisings, and reverting to "back to basics" strategies over the past few years, most of the region's REITs rated by Standard & Poor's Ratings Services emerged from the global financial and economic crises with stronger balance sheets and improved risk profiles. Now, with industry conditions and credit quality stabilizing, many REITs are actively tapping debt capital markets again. It's another sign that creditors' confidence in the sector is turning and that REITs are positioning themselves for acquisition or development opportunities in their areas of focus. Although real estate fundamentals are...
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Research Type: Commentary
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- Australian Prime Property Fund Retail
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- Japan Real Estate Investment Corp.
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- QIC Shopping Centre Fund
- Japan Prime Realty Investment Corp.
- Westfield Corp.
- Nomura Real Estate Office Fund Inc.
- Commonwealth Property Office Fund
- ORIX JREIT Inc.
- Japan Retail Fund Investment Corp.
- DEXUS Property Group
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- GPT Group
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