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Soilbuild Business Space REIT: Negative Outlook Reflects Weakening Credit Profile

CORPORATES CREDIT OPINION 23 February 2017 Update RATINGS Soilbuild Business Space REIT Domicile Singapore Long Term Rating Baa3 Type LT Issuer Rating - Fgn Curr Outlook Negative Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Analyst Contacts Rachel Chua 65-6398-8313
Underlying
Soilbuild Business Space REIT

Soilbuild Business Space is a real estate investment trust. Co. is engaged in investing on a long-term basis, directly or indirectly, in a portfolio of income-producing real estate used primarily for business space purposes in Singapore as well as real estate-related assets. As f Dec 31, 2016, Co.'s total asset valuation amounted to S$1,240,000,000 with 3,930,000 sq ft of net lettable area in 12 business space properties in Singapore.

Provider
Moody's Investors Service
Moody's Investors Service

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