Hong Kong, 30 December 2019 - China Chengxin (Asia Pacific) Credit Ratings (“CCXAP”) has published the revised version of rating methodology for Real Estate Investment Trusts (“REITs”), Real Estate Operating Companies (“REOCs”). This rating methodology adopted by CCXAP that applies to REITs, REOCs, and other commercial real estate companies with similar business nature of REITs and REOCs.
The revised methodology replaces the “Rating Methodology – REITs and REOCs” published by CCXAP in July 2018, effective on 30 December 2019.
Please click HERE for more information.
To access the updated methodology, which is now publicly available, please go to www.ccxap.com or click HERE.
The implementation of the updated methodology may cause rating changes on some of our rated entities. The information of the rating changes is available by clicking HERE, which lists out the affected entities and their rating changes.