Moody's Assigns First-time Rating to Aedifica After Cofinimmo Purchase

12:18 AM EDT, 10/16/2026 (MT Newswires) -- Moody's assigned a first-time issuer rating of A3 to Aedifica (AED.BR), with a stable outlook, following the company's acquisition of Cofinimmo. The rating agency said Thursday the A3 rating is supported by the Belgian real estate company's diversified healthcare property portfolio in Europe, "highly predictable" rental cash flows, existing financial policy, and the company's access to funding. Following the Cofinimmo deal, Aedifica's scale has doubled, with a portfolio worth 12.5 billion euros, and greater access to debt and equity capital. Meanwhile, Moody's said its outlook reflects expectations that the company can sustain its operating performance, thanks to good asset quality, disciplined capital management and robust cash flow visibility.