Fitch: Good Liquidity Profiles Position U.S. Equity REITs Well for the Coming Year

NEW YORK--(BUSINESS WIRE)--

Link to Fitch Ratings' Report: 3Q12 U.S. Equity REIT Liquidity Update: Well Positioned for the Coming Year
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=695957

The themes of strong capital access and good liquidity coverage position U.S. equity REITs well for the coming year, according to Fitch Ratings in a new report.

'Improved borrowing terms for seasoned bond issuers and opportunistic preferred stock issuance continued in 3Q2012 across the U.S. equity REIT sector,' said Managing Director Steven Marks. 'In addition, industry liquidity metrics provide cushion against potential spread widening that may discourage issuers from raising capital.'

'3Q2012 U.S. Equity REIT Liquidity Update: Well Positioned for the Coming Year' is available at 'www.fitchratings.com'.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research:

--'U.S. Equity REITs Recalibrate Development for New Normal' (June 28, 2012);

--'2012 Midyear Outlook: U.S. Equity REITs' (June 8, 2012);

--'2Q12 U.S. Equity REIT Liquidity Update: Firing on All Cylinders' (Aug. 22, 2012);

--'U.S. REIT Margin Call: Remember the Capex' (April 25, 2012);

--'Corporate Rating Methodology' (Aug. 8, 2012);

--'Criteria for Rating U.S. Equity REITs and REOCs' (Feb. 27, 2012).

Applicable Criteria and Related Research:

U.S. Equity REITs Recalibrate Development for New Normal

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=681654

2012 Midyear Outlook: U.S. Equity REITs

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=680032

2Q12 U.S. Equity REIT Liquidity Update: Firing on All Cylinders

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=686898

U.S. REIT Margin Call: Remember the Capex

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=676411

Corporate Rating Methodology

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=684460

Criteria for Rating U.S. Equity REITs and REOCs

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=671869

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