trending Market Intelligence /marketintelligence/en/news-insights/trending/uOsEITCJRqWaBndGBkyfgA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Fitch affirms Digital Realty ratings

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Fitch affirms Digital Realty ratings

Fitch Ratings affirmed its ratings on data center real estate investment trust Digital Realty Trust Inc., including its BBB long-term issuer default rating, with a stable outlook.

The rating agency said it sees Digital Realty's ownership of the vast majority of its data center portfolio as a positive, which is offset by its more restricted secured mortgage capital access as compared to other REIT asset groups.

Fitch added that it rates Digital Realty higher than its peer Equinix Inc., despite the former's smaller size, because of Digital Realty's larger owned unencumbered property portfolio.

The rating agency also listed several credit strengths for Digital Realty, including a global platform, good access to capital, robust liquidity, granular tenant base, conservative capital-raising strategy and strong management.

The REIT's less established status as a property type and its more restricted access to leverage and to the liquid investment market relative to other commercial property asset classes offset the credit positives, according to Fitch.