EthiFinance Ratings is launching a request for comments for its new Corporate rating methodology – Real Estate Investment Companies & Real Estate Transactions and is inviting market participants to submit their comments and suggestions.
The Request for Comments period is starting on the 25th of November and is expected to last at least until the 26th of December. Unless specified otherwise, these comments will be considered as public. Comments should be submitted at the following email address: rfc@ethifinance.com. The final version is expected to be published and implemented in Q1 2025.
This methodology comprises two sections. The first one details how EthiFinance Ratings assesses companies whose main purpose is to own real estate assets and to derive revenues from the rental of these assets. The second part is a revision of the existing Corporate rating methodology – Commercial Real Estate (CRET) that EthiFinance Ratings wishes to merge within a single Real Estate Investment methodology. EthiFinance Ratings currently has no ratings covered by the CRET methodology, and will discontinue this methodology upon publication of the new framework.