Ratings On Frontier Real Estate Investment Corp. Affirmed Jan 10
- ID: 1818718
- January 2010
- Standard & Poors
OVERVIEW Frontier Real Estate Investment Corp. is a J-REIT that specializes in retail properties and commands high market recognition. Although leverage has increased slightly, FRI's properties are rented out under long-term contracts, generating stable cash flow. We expect FRI to generate stable income, while maintaining a high-quality asset portfolio. We are affirming our long-term and short-term ratings on FRI. The outlook on the long-term rating remains stable. TOKYO (Standard & Poor's) Jan. 28, 2010--Standard & Poor's Ratings Services today affirmed its 'A+' long-term and 'A-1' short-term corporate credit ratings on Frontier Real Estate Investment Corp. (FRI). The outlook on the long-term corporate credit rating remains stable. The ratings reflect FRI's strong business position and conservative financial policy, as well as...
Companies mentioned in this report are: Frontier Real Estate Investment Corp.
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