The rating affirmation reflects the company's prudent efforts to deleverage and strengthen its balance sheet, including through capital increases, while the continued Negative Outlook reflects the risk of credit metrics remaining below Scope's thresholds.

Monitoring review announcement.

The rating affirmation is driven by the company’s prudent efforts to deleverage and reinforce its balance sheet in adverse market conditions, while the Negative Outlook reflects continued pressure on interest cover in the current economic environment.

The affirmed rating is driven by prudent efforts amid adverse market conditions to deleverage and reinforce the balance sheet through asset disposals, while the Negative Outlook reflects the pressure on interest cover in the current economic environment.

The rating is driven by Corem’s balanced and diversified property portfolio in liquid locations, its strong position in core markets, and stable and predictable cash flow.

The rating is driven by the balanced property portfolio across asset classes in liquid locations, strong market positions in core markets that provide stable and predictable cash flows, and high debt protection.