{"id":4550,"date":"2022-09-09T14:34:32","date_gmt":"2022-09-09T14:34:32","guid":{"rendered":"https:\/\/sareit.co.za.www55.cpt1.host-h.net\/2022\/09\/09\/octodec-gcr-credit-rating\/"},"modified":"2022-09-09T14:34:32","modified_gmt":"2022-09-09T14:34:32","slug":"octodec-gcr-credit-rating","status":"publish","type":"post","link":"https:\/\/muddev.co.za\/sareit\/octodec-gcr-credit-rating\/","title":{"rendered":"Octodec GCR credit rating"},"content":{"rendered":"<p><strong>Global Credit Ratings (GCR) reaffirms Octodec\u2019s A- credit rating with a revised stable outlook<\/strong><\/p>\n<\/p>\n<p>On Wednesday, 22 June 2022 JSE listed REIT Octodec Investments Limited announced that Global Credit Ratings (GCR) had reaffirmed Octodec\u2019s A- credit rating with a revised stable outlook.<\/p>\n<p>Shareholders and noteholders are advised that Global Credit Ratings (\u201cGCR\u201d) has undertaken a credit rating review of Octodec, as guarantor of wholly-owned subsidiary Premium Properties Limited\u2019s Domestic Medium-Term Note Programme dated 23 February 2015. On 21 June 2022, GCR re-affirmed the long-term national scale issuer rating assigned to Octodec of A-(za) and the short-term issuer rating of A2(za), with the outlook revised from Negative to Stable.<\/p>\n<p>This revised outlook is indicative of the improved trading conditions for listed property owners with exposure to defensive sectors such as retail and residential in a post-Covid-19 environment and signals the prevailing positive sentiment for operators in the Tshwane and Johannesburg CBD\u2019s.<\/p>\n<p>GCR\u2019s credit rating announcement is publicly available on GCR\u2019s website at https:\/\/gcrratings.com\/announcements\/gcr-affirms-octodec-investments-limiteds-ratings-of-a-za-a2za-and-revises-the-outlook-to-stable-from-negative\/.<\/p>\n<p>Shareholders and noteholders can also contact Elize Greeff at elizeg@octodec.co.za to request an electronic version.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/octodec.co.za\/octodec-gcr-credit-rating\/\">Octodec GCR credit rating<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/octodec.co.za\">Octodec<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Credit Ratings (GCR) reaffirms Octodec\u2019s A- credit rating with a revised stable outlook<br \/>\nThe post Octodec GCR credit rating appeared first on Octodec.<\/p>\n","protected":false},"author":4,"featured_media":4460,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-4550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-members-news"],"featured_image_src":{"landsacpe":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2022\/08\/Generic-Banner-1-1140x445.png",1140,445,true],"list":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2022\/08\/Generic-Banner-1-463x348.png",463,348,true],"medium":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2022\/08\/Generic-Banner-1-300x78.png",300,78,true],"full":["https:\/\/muddev.co.za\/sareit\/wp-content\/uploads\/2022\/08\/Generic-Banner-1.png",1920,500,false]},"_links":{"self":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/posts\/4550","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/comments?post=4550"}],"version-history":[{"count":0,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/posts\/4550\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/media\/4460"}],"wp:attachment":[{"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/media?parent=4550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/categories?post=4550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/muddev.co.za\/sareit\/wp-json\/wp\/v2\/tags?post=4550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}