Moody's Investors Service says in a new report that declining property yields are weighing on credit metrics for some rated Australian real estate investment trusts (A-REITs), but that overall credit quality will remain stable, supported by solid asset quality, strong debt/asset gearing and high interest coverage. "We expect yields will continue to contract for the rated A-REITs over the next 12-18 months, amid rising property values and portfolio upgrades to higher quality properties with more stable but lower-yielding returns," says Saranga Ranasinghe, a Moody's Vice President and Senior Analyst. "While ... (full story)