Rating Report
Cominar Real Estate Investment Trust: Rating Report
Real EstateSummary
On December 29, 2020, DBRS Limited (DBRS Morningstar) changed the trends on Cominar Real Estate Investment Trust’s (Cominar or the Trust) Issuer Rating and Senior Unsecured Debentures rating to Negative from Stable and confirmed the ratings at BB (high). The recovery rating on the Senior Unsecured Debentures is RR4. The Negative trends reflect Cominar’s deteriorating financial risk profile relative to DBRS Morningstar’s expectations.
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Contacts
Chris Wimmer
Vice President, Real Estate - Global Corporates
+1 646 560 4585
chris.wimmer@morningstar.com- Christopher Tsichlas
Senior Vice President, Sector Lead - North American Corporate Real Estate Ratings
+(1) 416 597 7390
christopher.tsichlas@morningstar.com