GPT Wholesale Shopping Centre Fund (GWSCF) is a retail asset fund based in Australia. We are assigning GWSCF an issuer credit rating of 'A-'. The outlook is stable. The rating reflects what we see as GWSCF's strong business risk profile and modest financial risk profile. On Oct. 22, 2012, Standard&Poor's Ratings Services assigned its 'A-' issuer credit rating to Australian-based GPT Wholesale Shopping Centre Fund (GWSCF). The outlook on the rating is stable. The issuer credit rating on GPT Wholesale Shopping Centre Fund (GWSCF) reflects the fund's "strong" business risk profile, which is characterized by its well-managed, high-quality assets, and our expectations of robust cash-flow fundamentals, despite a slowing Australian retail trading environment. The fund also benefits from
