Awards & recognition

Agusto & Co. assigns an “A-” rating to Wemabod Limited (“Wemabod” or “the Company”). The rating reflects Wemabod’s good operating cash flows supported by the relative stability in its earnings and strong average occupancy rate of nearly 90% across its portfolio of commercial, industrial, and residential properties. The rating further considers the Company’s diversified income stream that has continued to support revenue growth, and its unique project financing strategy that has helped to keep its leverage low.