Our latest A3 credit rating issued by Moody's demonstrates a stable outlook, our strong financial position, well-diversified housing stock and experienced management team. Full credit opinions can be viewed below. Moody's noted the following in their most recent review:
Credit Strengths
- Strong operating margins
- Market niche as a rural housing specialist
- Strong regulatory framework and stable operating environment
Credit Challenges
- Debt levels expected to remain structurally high
- Exposure to market sales remains in short term
- Weak social housing interest coverage
