S&P lifts DCT Industrial view to positive

Standard & Poor’s said it revised the outlook on DCT Industrial Trust Inc. and its operating partnership, DCT Industrial Operating Partnership LP, to positive from stable.

The agency also said it affirmed the BBB- corporate credit rating and the rating on its senior unsecured notes.

The positive outlook considers DCT’s strong recent operating performance and continued portfolio repositioning to more favorable markets, S&P said.

The outlook also reflects the company’s progress in improving key credit metrics, the agency said.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.