Ratings
As of September 30, 2011
| Credit Rating Agency |
Credit Rating |
| Standard & Poor's Ratings Japan |
| Long-term |
: AA- |
| Short-term |
: A-1+ |
| Outlook |
: Negative |
|
| Moody's Japan |
| Rating |
: A1 |
| Outlook |
: Negative |
|
| Rating and Investment Information, Inc. (R&I) |
| Rating |
: AA |
| Outlook |
: Stable |
|

Rating is the evaluation over the debt repayment capability of the issuer (Investment Corporation) of bonds (investment corporation bond for J-REIT) by an external organization.
JRE is awarded ratings from the above three credit rating agencies. Please refer to the websites of the respective credit rating agencies for their rating systems.
JRE is awarded the highest level of ratings in the J-REIT sector.