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MKH Properties Secures Long-Term Triple B, Short-Term A2 Ratings from DataPro
MKH Properties, a fast growing real estate company in Nigeria, has achieved a significant milestone by receiving a Long-Term Triple B (BBB) rating and a Short-Term A2 rating from DataPro, one of the country’s most respected credit rating agencies. These ratings highlight the company’s robust financial standing and operational performance, positioning it as a key player in the industry.
According to DataPro’s rating explanation, the Long-Term Triple B (BBB) rating is awarded to companies with fair financial strength, operating performance, and business profiles when compared to DataPro’s established standards. MKH Properties demonstrates the ability to meet its current financial obligations.
The Short-Term A2 rating, on the other hand, reflects fair credit quality. This rating denotes that MKH Properties has an adequate capacity for the timely payment of financial commitments, affirming the company’s reliability in meeting short-term obligations.
Speaking on the achievement, the Founder and Chief Executive Officer (CEO) of MKH Properties, Mr Muibi Kehinde Hammed, “Receiving both the Triple B long-term rating and A2 short-term rating from DataPro is a testament to our commitment to maintaining strong financial discipline and operational excellence. These ratings not only reflect our ability to meet our financial commitments but also underscore our resilience in navigating economic challenges.”
MKH Properties continues to stand out in the real estate industry with projects that cater to the increasing demand for residential, commercial, and mixed-use developments. With a proven track record of excellence, MKH Properties specializes in real estate development, sales, facility management, and real estate consultancy.
MKH Properties is a dynamic real estate development company dedicated to creating world-class properties and transforming urban spaces across Nigeria. The company is committed to delivering value-driven, sustainable developments that enhance community living.
DataPro is a leading credit rating agency in Nigeria, providing independent credit assessments of companies across various sectors. Its ratings are widely recognized and trusted by regulators, investors, and stakeholders, offering transparent insights into a company’s financial health and risk profile.