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Fitch Ratings Publishes Second-Quarter 2010 REIT Report Quarterly

Fitch Ratings Publishes Second-Quarter 2010 REIT Report Quarterly

0 Comments | Wireless News, Jul 26, 2010

Fitch Ratings has published its second-quarter 2010 REIT Report Quarterly.

During this past quarter, Fitch assigned first-time ratings for one new issuer and eight security-specific ratings, affirmed 13 Issuer Default Ratings (IDRs), and downgraded one IDR among its rated equity real estate investment trusts (REITs), according to company officials.

Other items in this edition of Fitch’s ‘REIT Report Quarterly’ include an overview of recent rating actions, summaries of two criteria reports, five market commentaries, seven special reports, and links to recent Fitch research.

As noted in the REIT Report Quarterly, improved capital market access and liquidity trends led Fitch to revise its rating outlook on U.S. equity REITs to stable from negative in June 2010. Also driving the outlook revision has been modest delivering by REITs and the slowly strengthening U.S. economy.

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