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Fitch affirms Realty Income at BBB+

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Fitch affirms Realty Income at BBB+

Fitch Ratings said it has affirmed 's long-term issuerdefault rating at BBB+.

The move reflects the "granularity" of thecompany's primarily net-lease retail portfolio, its "disciplined" acquisitionstrategy and management's track record, Fitch said.

The outlook is stable.