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Published on 4/14/2008 in the Prospect News Investment Grade Daily.

Fitch affirms Healthcare Realty

Fitch Ratings said it affirmed the ratings for Healthcare Realty Trust, Inc. as follows: issuer default rating BBB, $400 million senior unsecured credit facility BBB, $600 million senior unsecured notes BBB and preferred stock (indicative) BBB-.

The outlook is stable.

Fitch said that Healthcare Realty's ratings are supported by the company's geographically diversified portfolio of assets predominately focused on medical office and outpatient facilities.

Fitch said it believes that the fundamentals in the medical office and outpatient space are quite favorable as demand is driven by strong demographics and health care trends and facilities are often in location-sensitive sites on or near hospital campuses.


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