|
|
 |
|
Viewing report
|
|
|
|
Japan Retail Fund Investment Corp.
Standard & Poors, May 2011
Abstract
The highly regulated nature of J-REITs A strong business position backed by JRF's sponsors' high credit quality and their extensive networks covering the retail industry The largest asset portfolio among listed J-REITs that specialize in retail properties Highly diversified and high-quality real estate portfolio, which generates stable cash flows Its relatively high financial flexibility, based on favorable business relationships with many financial institutions The strong real estate management capabilities of its asset management firm, Mitsubishi Corp.-UBS Realty Inc. A somewhat weak financial profile compared with its business profile, due to its relatively high debt-to-capital ratio Uncertainty over the impact of future consumer trends on revenues from its retail properties A certain level of unrealized losses in its portfolio A certain...
Companies mentioned in this report are: Japan Retail Fund Investment Corp.
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
|
|
|
|
