Ratings agency Moody's has singled out retail property as the sector most under challenge in its stocktake of property trusts following the earnings season.
Scentre Group, the owner and manager of Westfield malls in this country, along with ALE, the ASX-listed pubs landlord, are the only real estate investment trusts whose June 2018 results were viewed as "credit negative" by Moody's.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
