Centum Real Estate Limited

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Centum Real Estate Limited
  • Centum Real Estate Limited
  • Year : Oct 2020
3 Tokens
USD 300.00
Summary

The ratings accorded balance Centum Real Estate Limited’s strong competitive position, conservative liquidity and adequate leverage levels against the substantial risks inherent in real estate development. GCR has considered Centum RE’s strong brand recognition (as part of CICP) in support of the rating, given CICP’s track record of creating projects and investments in various industries.

Additional Information

The stable outlook reflects GCR’s expectation that the current projects will largely progress according to projections, ensuring adequate liquidity over the construction phase and ample cash resources to settle debt at maturity. The rating could be upgraded if first phase of projects is completed on time and projected cash flows materialise, such that Centum RE could complete further phases with less recourse to external funding

Related Publication

Centum Investment Company Limited (2016-08)

A Credit Rating report is a research report providing detailed analysis utilised by GCR in the accordance of a Credit Rating.

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