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Fortress REIT Limited: Update to credit analysis

Our credit view of this issuer reflects its solid gross debt to total assets ratio at the current rating level, against its tight liquidity and weak unencumbered assets ratio.

Moody's announces completion of a periodic review of ratings of Fortre...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Fortress REIT Limited. Global Credit Research- 27 Apr 2021. DIFC- Dubai, April 27, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Fortress REIT Limited and other ratings that are associated with the same analytical unit.

Fortress REIT Limited: Update following the sovereign rating action on...

Our credit view of Fortress REIT, reflecting the challenging operating environment due to the coronavirus outbreak.

Moody's announces completion of a periodic review of ratings of Fortre...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Fortress REIT Limited. Global Credit Research- 02 Jun 2020. DIFC- Dubai, June 02, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Fortress REIT Limited and other ratings that are associated with the same analytical unit.

Moody's downgrades Fortress REIT Limited to Ba2/A1.za; outlook negativ...

Rating Action: Moody's downgrades Fortress REIT Limited to Ba2/A1. za; outlook negative. Global Credit Research- 09 Apr 2020. DIFC- Dubai, April 09, 2020-- Moody's Investors Service, has downgraded the corporate family rating of Fortress REIT Limited to Ba2 from Ba1 and has affirmed the Not Prime short-term issuer rating.

Moody's announces completion of a periodic review of ratings of Fortre...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Fortress REIT Limited. Global Credit Research- 29 Jun 2019. DIFC- Dubai, June 29, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Fortress REIT Limited and other ratings that are associated with the same analytical unit.

Moody's downgrades Fortress REIT Limited to Ba1/Aa3.za; outlook negati...

Rating Action: Moody's downgrades Fortress REIT Limited to Ba1/Aa3. za; outlook negative. Global Credit Research- 24 Apr 2019. DIFC- Dubai, April 24, 2019-- Moody's Investors Service has assigned a corporate family rating of Ba1 and has withdrawn Fortress REIT Limited's long-term Baa3 issuer rating, in line with the rating agency's practice for corporates with non-investment-grade ratings.

Fortress REIT Limited: Update of Key Credit Factors Following Rating A...

A detailed rationale for Fortress' rating following placement of ratings under review for downgrade.

Moody's places Fortress REIT Limited's Baa3/Aa1.za ratings on review f...

Rating Action: Moody's places Fortress REIT Limited's Baa3/Aa1. za ratings on review for downgrade. Global Credit Research- 14 Feb 2019. DIFC- Dubai, February 14, 2019-- Moody's Investors Service placed on review for downgrade Fortress REIT Limited's Baa3/Aa1. za long-term issuer ratings as well as the P-3 short term rating.

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