01Insights

None available at this time

Environmental, Social & Governance

ESG Relevance Scores for Corporates

ESG risks generally have a low level of direct impact on credit ratings (less than 3%), and the impact is heavily asymmetric on the downside–as ratified in our initial round of ESG Relevance Scoring.

Ratings

Thinking of Being Rated?

Dedicated to providing value beyond the rating through independent and prospective credit opinions, we offer global perspectives shaped by strong local market experience and credit market expertise.

First Edition

US Building Products & Materials Handbook

The first edition of this report includes analysis of the business profiles and capital structures of 16 issuers within the Building Products and Materials space.

02Corporates Navigator

Navigator Interactive

Ratings Navigator is a visual overview of the key quantitative and qualitative factors Fitch analyzes to arrive at an entity’s credit rating. Power your rating simulations for Corporates with the new Navigator Interactive—a graphical web-based tool, using the same observations underlying Fitch’s own Navigator snapshots. Fitch Ratings Corporates Credit Research subscribers can access it here.

Request a Demo

03Webinars

Our Approach

Criteria

Criteria explain our forward-looking ratings approach. Criteria reports identify rating drivers and assumptions, and highlight the scope and limitations of our analysis.

04Podcasts

05Videos

2023 Global Housing and Mortgage Outlook Mid-Year Update

2023 Global Housing and Mortgage Outlook Mid-Year Update

Lower Inflation, Steady Home Loans to Improve Pre-Sales at Indonesian Homebuilders

China’s Manufacturing Investment Growth Slows; Infrastructure Stays Strong

Commercial Real Estate (CRE) Pressures Manageable for APAC Issuers

Weakening US Office CRE Fundamentals and Capital Access Echoing B-Malls

Green Policies Shield Prime London Offices from Hybrid Working

Signs of Stabilising in China’s Property Market, but Not All Will Benefit

Banking Access Key for China's Private Developers Amid Sector’s High Bond Maturities

Credit Outlook 2023 - Weakening Macro Environment Puts EMEA Corporates’ Credit Profiles at Risk

Australia Credit Trends 2023 – REITs

Australia Credit Trends 2023 – Sovereigns

Credit Outlook 2023 - Deteriorating Outlooks on Half of APAC Corporate Sectors Amid Weaker Macro Backdrop

Credit Outlook 2023 - EMEA Real Estate 2023 Outlook Deteriorates on Higher Interest Rate Environment

Recurring Defaults Expose Chinese CMBS Weaknesses

Credit Outlook 2023 - Government Support Key to Restoring Market Confidence in China Property Sector

Vietnam’s Policy Tightening Heightens Property Sector Refinancing Risk

China’s Local Governments Will Resort to Incremental Debt Funding

China’s Support Measures for Property Sector Have Mixed Implications

APAC Corporates Step up Bond Buybacks Amid Rising Rates

Australian Corporate Issuer Expectations Dampened by Cost and Labour Challenges

2022 Virtual Investor Series-EMEA CMBS

China’s Latest Easing Policies May Not Revive New Home Sales

Indonesian Homebuilders’ Leverage to Rise on Slowing Presales and Weaker Currency

Home Mortgage Boycotts in China: A Systemic Risk Explained

Financial Leverage to Improve for Japan’s Top-100 Corporates

Rise in Mortgage Defaults in China Raises Risks for Banks and Developers

High Oil Prices, Relocation Support UAE Real Estate Recovery

China Property - Grey Funding Channels

2022 Mid-Year Outlook - APAC Corporate Sector Outlooks Shift Amid Global Shocks

2022 Mid-Year Outlook - Global Corporates are Adequately Equipped to Weather Risks in 2022

APAC ‘BBB-’ and ‘BBB’ Corporates: Stagflation Downgrade Risk

China’s Property Developers Use JV as a Funding Channel, Including Complex Structures

Indonesian Homebuilders’ Cash Flows to Moderate on Rising Costs, Slower Pre-Sales

China Property Developers’ Grey Funding Channels - Reverse Factoring

Chinese State Sector to Require More Debt to Fund Investment Goals

China Bank Risks to Rise on Covid-Related Disruptions

Supply-Chain ABS - A Unique Funding Source for China‘s Property Developers

Impact of Adverse Economic Scenario on EMEA Corporates

China Developers’ Audit Problems Raise Financing Pressures

Pandemic Entrenched State Population Changes, Migration Key Factor

Chinese Developers’ Funding

Latin American Corporates Top 10 What Investors Want to Know 2022

China Property Stress Scenario Points to Contagion Risk

2022 Credit Outlook - APAC Corps Neutral Outlook Overall, China Property Worsening

2022 Credit Outlook - Return of Confidence Key to Stability for Chinese Property Developers

2022 Credit Outlook - Global Home Price Growth to Slow in 2022

Return-to-Office Delays Are Not an Imminent Risk to US Office REITs

China’s SOEs to See Greater Differentiation of State Support

Growing Hybrid Work Poses Medium-Term Risks to London Office Market

India’s Second Wave Manageable for Most Companies; Swift Rebound Expected in Auto Demand

2021 Virtual Investor Series - CMBS Office Space

A Higher US Corporate Tax Rate Is Not a Key Credit Risk Driver

US Infrastructure Bill Mixed for Telecom, Beneficial for Building Materials Longer Term

LATAM Spotlight Series: New Cross-Border Issuers Span Multiple Sectors and Countries

China Bank Property Lending Caps to Curb Concentration Risks

Home Price Growth to Stall Around the Globe in 2021

Fitch Ratings 2021 Outlook - China Homebuilding

APAC Corps to Recover in 2021, but Cash Flow Weaker than 2019

APAC Corporate Earnings Improving; Still Face Pandemic Strain

Urban Flight, Income Demographics Threaten Some US Apartment REITs

Fitch Ratings Introduces Peer Group of 50 Asian High-Yield Corporates

Secular Shifts Force US Commercial Real Estate to Adapt

Singapore REITs – Challenges to Persist in 2021

Reopening of Australia’s Economy Has Varying Impact Across Corporate Sectors

Coronavirus Pandemic Unsettles Australian Fixed-Interest Investors – Key Findings from Australian Fixed-Income Investor Survey 2020

New Rules to Limit Chinese Corporates and LGFVs' Offshore Issuance

We cover over 300 Real Estate & Homebuilding entities

06Sector Analysts

Christopher Wimmer
Corporate Ratings - North America
Senior Director
+1 646 582 3412 |

Robert Rulla
Corporate Ratings - North America
Senior Director
+1 312 606 2311 |

John Hatton
Corporate Ratings - EMEA
Managing Director
+44 20 3530 1061 |

Hasira De Silva
Corporate Ratings - APAC
Senior Director
+65 6796 7240 |

Yee Man Chin
Corporate Ratings - APAC
Senior Director
+852 2263 9696 |

Euan Gatfield
CMBS - EMEA
Managing Director
+44 20 3530 1157 |

David Peterson
Corporate Ratings - North America
Senior Director
+1 312 368 3177 |

07Business Contacts

Jill Zelter
Global Head of Corporates and Structured Credit
Managing Director
+1 212 908 0774 |

Zanda Lynn
BRM Structured Finance
Co-Head of North American Structured Finance
+1 212 908 0601 |

Kathleen Holtzman
Head of LATAM Sovereigns & Corporates, BRM
Managing Director
+1 212 908 9103 |

Sing Chan Ng
Co-Head of APAC, BRM
Managing Director
+65 6796 7210 |

Matthew De Mendonca
BRM Corporates - North America
Managing Director
+1 646 582 4707 |

Sean Costello
BRM Corporates - EMEA
Managing Director
+44 20 3530 1883 |

Aymeric Poizot
Global Head of
Investor Development
+33 1 44 29 92 76 |

Rey Ahmed
BRM Structured Finance - EMEA
Associate Director
+44 203 530 1201 |