02:04 PM EDT, 05/10/2024 (MT Newswires) -- Morningstar DBRS on Thursday confirmed CT Real Estate Investment Trust's (CRT-UN.TO) senior unsecured debentures credit rating and CT REIT Limited Partnership's issuer rating at BBB.

Both trends are stable.

The credit ratings reflect CT REIT's risk profile and the credit ratings are aligned with those of Canadian Tire (CTC.TO), mainly because CTC effectively controls CT REIT through its majority ownership and is the most substantial tenant of CT REIT, among other reasons.

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