S&P ups Health Care REIT outlook to positive

Standard & Poor's said it revised its outlook on Health Care REIT Inc. to positive from stable.

At the same time, the agency said it affirmed the BBB- corporate credit and senior unsecured debt ratings and the BB+ preferred stock rating.

According to S&P, the outlook revision reflects its comfort level with Health Care REIT's larger portfolio acquisitions, including the integration of the recent $1 billion Windrose Medical Properties Trust acquisition and a demonstrated commitment to the company's historically thorough underwriting practices.

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