0 CHECKOUT

Summary: QIC Shopping Centre Fund Dec 11

  • ID: 2032068
  • December 2011
  • Standard & Poors

FEATURED COMPANIES

  • QIC Shopping Centre Fund
  • MORE

Abstract
The ratings on QIC Shopping Centre Fund (QSCF) reflect our view of the Australia-based fund's high-quality portfolio of shopping-center assets, which provide a stable income stream. Also underpinning the ratings are QSCF's moderate financial policies and its ownership and management links with QIC Ltd. (QIC; not rated; formerly Queensland Investment Corp.), a Queensland government-owned statutory authority. Partly offsetting these credit strengths are QSCF's exposure to retail property markets and a softening retail trading environment. Although QSCF has no current development exposure, we expect the expansion and redevelopment of existing assets will continue to play a key role in the fund's medium-term growth. QSCF has investments in nine retail assets in Australia, valued at about A$3.0 billion at Sept. 30, 2011....

Companies mentioned in this report are: QIC Shopping Centre Fund
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 READ MORE >

Note: Product cover images may vary from those shown

QIC Shopping Centre Fund

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

PLEASE SELECT A FORMAT

  • Quick Help: This Credit Rating Report will be emailed to you.

HAVE A QUESTION?

If you have a more general question about our products please try our

FAQ SECTION

RELATED PRODUCTS

Our Clients

  • Fluidigm Corporation
  • Apple, Inc.
  • CEVA Santé Animale
  • Abbott Laboratories Ltd.
  • Merck Group
  • Allergan Inc.
  • Pfizer, Inc.