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<item><link>http://www.alacrastore.com/storecontent/fitch/413572_pr_frame</link><guid isPermaLink="false">fitch/413572_pr_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">html</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Mitsubishi Estate Co., Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Mitsui Fudosan Co., Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Sumitomo Realty &amp; Development Co.</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80767179</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80767182</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">81792870</fitch:companyid><pubDate>3/24/2008 10:11:00 AM</pubDate><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01000000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031800</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">85</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Press Release</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">8801</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">8802</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">8830</fitch:ticker><title>Fitch: Limited Impact On Japan's Real Estate Majors From Residential Slowdown</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">413572_pr_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>FitchResearch</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/376642_report_frame</link><guid isPermaLink="false">fitch/376642_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. 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Financials</category><alacra:ip>Gale Company Profiles</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_149445_809266504</link><guid isPermaLink="false">moodys/PR_149445_809266504</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><description>Moody's places Frontier's A# on review; direction uncertain</description><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><pubDate>2/20/2008 12:35:42 AM</pubDate><title>Moody's places Frontier's A1 on review; direction uncertain</title><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Frontier Real Estate Investment Corporation</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">809266504</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">504400</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Mitsui Fudosan Co., Ltd.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">423835</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Japan Tobacco, Inc.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Frontier Real Estate Investment Corporation; Japan Tobacco, Inc.; Mitsui Fudosan Co., Ltd.</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_149445_809266504</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_147184_820532162</link><guid isPermaLink="false">moodys/PR_147184_820532162</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><pubDate>1/9/2008 12:35:10 AM</pubDate><title>Moody's sees positive or stable outlook for Japan property firms</title><description>Global Credit Research Announcement # JAN ####   Announcement: Kowa Real Estate Co., Ltd. Moody's sees positive or stable outlook for Japan property firms Tokyo, January ##, #### -- Moody's Investors Service says the rating outlooks...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Kowa Real Estate Co., Ltd.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">820532162</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">809750662</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Hulic Co., Ltd.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">809728213</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">NTT Urban Development Corporation</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">723550</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Sumitomo Realty &amp; Development Co., Ltd.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">504400</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Mitsui Fudosan Co., Ltd.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">500780</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Mitsubishi Estate Co., Ltd.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Hulic Co., Ltd.; Kowa Real Estate Co., Ltd.; Mitsubishi Estate Co., Ltd.; ...</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_147184_820532162</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/COP_504400</link><guid isPermaLink="false">moodys/COP_504400</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Credit Opinion</moodys:report_type><pubDate>1/4/2008 2:19:56 AM</pubDate><title>Mitsui Fudosan Co., Ltd.</title><description>Global Credit Research Credit Opinion ## SEP ####   Credit Opinion: Mitsui Fudosan Co., Ltd. Mitsui Fudosan Co., Ltd. Tokyo, Japan Ratings Category Moody's Rating Outlook Positive Senior Unsecured -Dom Curr A# Commercial Paper P-# Contacts...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Mitsui Fudosan Co., Ltd.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">504400</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Mitsui Fudosan Co., Ltd.</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">COP_504400</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/605080</link><guid isPermaLink="false">spcred/605080</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><title>Bulletin: Ratings On Mitsui Fudosan Unaffected By Acquisition Of Imperial Hotel Shares</title><description>The latest News from S&amp;P</description><pubDate>10/1/2007 4:28:00 AM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">605080</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">Japan</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Real Estate Management &amp; Development</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">Asia</spcred:index_entry_dispregion><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Real Estate Companies</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">TOKYO (Standard&amp;Poor's) Oct. 1, 2007--Standard&amp;Poor's Ratings Services said today that its ratings on Mitsui Fudosan Co. Ltd. (BBB+/Stable/A-2) would not be affected by the company's planned acquisition of shares in Imperial Hotel Ltd. (N.R.). On Sept. 28, 2007, Mitsui Fudosan announced that the company would acquire about 33.16% of Imperial Hotel shares on Oct. 5, making it an equity-method affiliate. Mitsui Fudosan also announced that the company had reached a basic agreement with Imperial Hotel regarding a future redevelopment project. Although the company is expected to use debt to raise the ¥86.2 billion for the share purchase, Standard&amp;Poor's believes that the impact on Mitsui Fudosan's financial profile would be minimal and that the ratings</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">JPN</spcred:index_entry_primcountry><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">40403010 404030 4040 40</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Mitsui Fudosan Co. Ltd.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">113581</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">ASIA</spcred:index_entry_primreg><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">8801@JP</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">REC</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_141400_504400</link><guid isPermaLink="false">moodys/PR_141400_504400</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><pubDate>9/29/2007 12:33:38 AM</pubDate><title>Moody's affirms Mitsui Fudosan's ratings at A2</title><description>Global Credit Research Announcement ## SEP ####   Announcement: Mitsui Fudosan Co., Ltd. Moody's affirms Mitsui Fudosan's ratings at A# Tokyo, September ##, #### -- Moody's Investors Service has affirmed the A# senior unsecured long-term...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Mitsui Fudosan Co., Ltd.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">504400</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Mitsui Fudosan Co., Ltd.</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_141400_504400</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_139675_600009752</link><guid isPermaLink="false">moodys/PR_139675_600009752</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><pubDate>8/25/2007 12:18:20 AM</pubDate><title>Moody's upgrades Mitsui Fudosan ratings to A2/P-1; outlook positive</title><description>Global Credit Research Rating Action ## AUG ####   Rating Action: Mitsui Fudosan International Capital, Inc. Moody's upgrades Mitsui Fudosan ratings to A#/P-#; outlook positive Tokyo, August ##, #### -- Moody's Investors Service upgraded...</description><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Mitsui Fudosan International Capital, Inc.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600009752</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.00</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">504400</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Mitsui Fudosan Co., Ltd.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">504220</moodys:org_id><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Mitsui Fudosan America, Inc.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Mitsui Fudosan America, Inc.; Mitsui Fudosan Co., Ltd.; ...</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_139675_600009752</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item></channel></rss>