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Mapletree Industrial Trust receives “AA-” credit rating with stable outlook from JCR and R&I

Nicole Lim
Nicole Lim • 2 min read
Mapletree Industrial Trust receives “AA-” credit rating with stable outlook from JCR and R&I
The credit rating agencies note that MIT is a quality, well-diversified portfolio generating stable income, and has conservative leverage management and a solid funding base. Photo: MIT
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Mapletree Industrial Trust (MIT) has been assigned “AA-” credit ratings with stable outlook from Japan Credit Rating Agency (JCR) and Rating and Investment Information (R&I).

JCR has issued a “AA-” foreign currency long-term issuer rating, and “AA-” for local currency long-term issuer rating for MIT.

JCR’s rationale for its rating is that MIT’s sponsor Mapletree Investments has data centres as one its four core sectors. As MIT’s principal investment strategy is investing in data centres across various global markets, it stands to benefit from Mapletree Investment’s close collaboration and ongoing support in property acquisitions and management.

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