trending Market Intelligence /marketintelligence/en/news-insights/trending/wepvbqzso44n-k64338c7a2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Fitch affirms Yuexiu Property ratings

Commercial Real Estate: 2020 Review

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

Fitch affirms Yuexiu Property ratings

Fitch Ratings affirmed Yuexiu Property Co. Ltd.'s long-term foreign-currency issuer default rating at BBB-, with a stable outlook.

The rating agency also affirmed the Hong Kong-based and -listed real estate developer's senior unsecured rating at BBB-.

Fitch assesses Yuexiu Property's stand-alone rating at BB to reflect its moderate leverage, robust market position in China's Guangzhou municipality, geographic diversification and enhanced operational cost controls.

The rating agency noted that the above-mentioned factors should help stabilize the company's profitability over the next two to three years.