|
|
 |
|
Viewing report
|
|
|
|
AMB Property Corp. Jan 01
Standard & Poors, Jan 2001
Abstract
The outlook revision earlier this year, to positive from stable, reflects San Francisco-based AMB Property Corp.'s conservative financial policies, good financial flexibility, and demonstrated profitable and timely capital recycling efforts. These strengths are offset by modest concerns regarding the company's currently minimal equity investments in speculative early stage companies, totaling $22 million; potential exposure to early stage companies in the tenant base, currently less than 4% of AMB's revenues; and unseasoned recent investments in relatively more costly high throughput distribution properties, totaling $63 million year-to-date within the REIT and $41 million within affiliated AMB Institutional Alliance Fund I in which the REIT has a 21% interest. AMB is an owner and operator of primarily industrial real estate nationwide, but focused...
Companies mentioned in this report are: ProLogis Inc,ProLogis L.P.
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
|
|
|
|
