(PR-inside.com) Fitch Ratings has assigned Brascan Residential Properties S.A. (BRP) Issuer Default Ratings (IDRs) and other ratings as follows. --Foreign Currency IDR of 'BB-'; --Local Currency IDR of 'BB-'; --Long-term National Rating of 'A+(bra)'. BRP's ratings reflect the integration of the company's operations, which include a solid and geographically diversified land bank (potential sales value - PSV- of BRL16.4 billion), the strong shareholders structure as well as BRP's consistently improving operating and financial performance over the past three years. Furthermore, the ratings take into consideration the competitive advantages obtained from the merger with Company S.A. (Company) in October 2008, as well ..
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