Market Overview

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

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Fitch Ratings
Sean Pattap, +1-212-908-0642
Senior Director
Fitch, Inc.
One State Street Plaza
New York, NY 10004
or
Steven Marks, +1-212-908-9161
Managing Director
or
Media Relations:
Sandro Scenga, New York, +1 212-908-0278
Email: sandro.scenga@fitchratings.com

 

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