DBRS Releases Report on Place Laurier

DBRS has today released a report on Place Laurier (the Shopping Centre) that supports the recent upgrade of the ratings Shopping Centre’s 10.55% Secured Debentures, Series A and the 7.37% Secured Debentures, Series D (collectively, the Secured Debentures) to A (high), with a Stable trend, from A (low).

The upgrade reflects the strong operating fundamentals for the Shopping Centre in addition to the very low leverage and DBRS’s strong outlook for the asset through the remaining term of the Secured Debentures.

Today’s report and the October 14, 2011, press release are available at www.dbrs.com or by contacting us at info@dbrs.com.