[ET Net News Agency, 20 July 2018] S&P Global Ratings today affirmed its 'A' long-term
issuer credit rating on Link Real Estate Investment Trust (Link REIT)(00823). The outlook
is stable.
At the same time, the credit rating agency also affirmed its 'A' long-term issue rating
on the REIT's guaranteed senior unsecured notes. S&P affirmed the ratings to reflect its
view that Link REIT will maintain its strong position in the non-discretionary retail
market, which is likely to remain resilient to economic downturns.
The REIT will also continue to benefit from strengthened asset quality supported by its
high-quality asset acquisitions, asset enhancement, and divestment of non-core assets. S&P
expects Link REIT to retain its operating strategy of maintaining satisfactory growth in
rental rates and improving geographic and product diversity. (KL)