- Language: English
- 90 Pages
- Published: January 2011
- Region: Australia
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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- Hysan Development Co. Ltd.
- CFS Retail Property Trust Group
- Australian Prime Property Fund Retail
- Hongkong Land Holdings Ltd.
- Japan Real Estate Investment Corp.
- Nippon Building Fund Inc.
- QIC Shopping Centre Fund
- Westfield Group
- Japan Retail Fund Investment Corp.
- DEXUS Property Group
- AMP Capital Wholesale Office Fund
- GPT Group
- Tokyu REIT Inc.
- Mirvac Group
- The Link Real Estate Investment Trust
- Frontier Real Estate Investment Corp.
- Nomura Real Estate Residential Fund Inc.
- AMP Capital Shopping Centre Fund
- Frasers Centrepoint Trust
- Westfield Retail Trust
- CapitaCommercial Trust
- Japan Prime Realty Investment Corp.
- Nomura Real Estate Office Fund Inc.
- Commonwealth Property Office Fund
- ORIX JREIT Inc.
- Fukuoka REIT Corp.
- Cambridge Industrial Trust
- AmanahRaya Real Estate Investment Trust
- Frasers Commercial Trust
- Nippon Accommodations Fund Inc.
- Goodman Group
- Goodman Property Trust
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- DEXUS Wholesale Property Fund
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