TREIT earns ‘A’ rating from TRIS
TRIS Rating has given Ticon Freehold and Leasehold Real Estate Investment Trust (TREIT) an “A” rating.
It said the rating reflects TREIT’s predictable income stream from rental contracts, the largest portfolio of industrial property for rent, geographical diversification, and diverse tenant base.
The strengths are partially offset by the occupancy rate of industrial properties, which is sensitive to economic conditions.
The rating also incorporates rising leverage given its financial policy and investment plans.
