April 23, 2020 / 6:22 PM / a month ago

BRIEF-Moody's Says Net Lease Reits With Cinema, Fitness, Casual Dining Tenants Face Emerging Coronavirus Lockdown Risks

April 23 (Reuters) - Moody’s Investors Services:

* MOODY’S SAYS NET LEASE REITS WITH CINEMA, FITNESS, CASUAL DINING TENANTS FACE EMERGING CORONAVIRUS LOCKDOWN RISKS

* MOODY’S SAYS EXPECT NEW INVESTMENTS (ACQUISITIONS) TO BE LIMITED THIS YEAR FOR MOST NET LEASE REITS WITHOUT GREATER CLARITY

* MOODY'S SAYS MOST NET LEASE REITS’ CREDIT QUALITY TO REMAIN LARGELY INTACT AS COS HOLD DIVERSE PORTFOLIOS WITH VARIED TENANTS, INDUSTRIES & GEOGRAPHIES Source text: (bit.ly/2KvdFg4)

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