Champion Real Estate Investment Trust (“Champion REIT” or the “Trust”) (Stock Code: 2778is pleased to reveal that the Trust has actually been appointed its very first “A” Issuer Rating with a steady outlook by Japan Credit Rating Agency, Ltd. (“JCR”) and Rating & & Investment Information Inc. (“R&I”).
The double acknowledgment from Japan’s 2 leading credit ranking companies highlights the Trust’s strong credibility in the capital markets, and strengthens financier self-confidence in its constant and sensible monetary management.
Ms Christina Hau, Chief Executive Officer of Champion REITstated, “We are honoured to get ‘A’ credit rankings with steady outlooks from both JCR and R&I. This acknowledgment affirms to our sensible monetary management, steady capital structure and the long-lasting quality of our landmark properties in prime places. We will continue to remain nimble in our organization and monetary techniques to provide sustainable worth to our unitholders and stakeholders in a vibrant market environment.”
JCR stated, “The rankings favorably show the Trust’s steady company design focused exclusively on home leasing and management, top quality portfolio, monetary strength supported by conservative take advantage of control, and long-lasting management performance history of conquering previous market cycles.”
R&I stated, “The ranking shows the outstanding portfolio consisted of prize homes situated in main Hong Kong, substantially low level of take advantage of and performance history of long-lasting and strong efficiency for roughly 19 years.”
About Champion REIT (2778)
Champ Real Estate Investment Trust is a trust formed to own and buy income-producing workplace and retail residential or commercial properties. The Trust concentrates on Grade A business homes in prime places. It presently uses financiers direct exposure to almost 3 million sq. ft. of prime workplace and retail flooring location. These consist of 2 Hong Kong landmark homes, Three Garden Road and Langham Place, along with a joint endeavor stake in 66 Shoe Lane in Central London. The Trust has actually been granted the leading first-class ranking by GRESB considering that 2023. Champ REIT is handled by Eagle Asset Management (CP) Limited, a member of the Great Eagle Group.
Site: www.championreit.com
About Japan Credit Rating Agency Ltd. (JCR)
Developed in 1985, JCR is a leading credit score company in Japan, and a specialist of credit threat analysis. JCR extensively supplies precise assessments on sustainable financing, and is an assessment company that contributes the most to “conquering ecological and social concerns and recognizing a sustainable society”, among the most essential worldwide concerns. JCR is accredited by the European Securities and Markets Authority (ESMA), and acknowledged as qualified ECAI by the Hong Kong Monetary Authority (HKMA).
About Rating & & Investment Information Inc. (R&I)
R&I is Japan’s leading score company with the biggest market share in Japanese bond market. R&I supplies credit rankings, research study, and financial investment info services to support sound financial investment choices and promote openness in the monetary markets. It is acknowledged by Japan’s Financial Services Agency (FSA) and the Hong Kong Monetary Authority (HKMA).
Subject: Press release summary
