Fitch expects operating profiles of four Reits to stay stable
It affirms the trusts' long-term issuer default ratings
FITCH Ratings yesterday affirmed the long-term issuer default ratings of the four Singapore Reits it rates.
It rated Mapletree Industrial Trust at BBB+/Stable and Parkway Life Reit at BBB/Stable; CDL Hospitality Trust and Far East Hospitality Trust both came in at BBB-/Stable.
These ratings measure their relative vulnerability to defaulting on financial obligations, as well as to bankruptcy, administrative receivership or similar situations.
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