OREANDA-NEWS. National Rating Agency has assigned its 'A' credit rating to Gema-Invest CJSC. The outlook for the rating is Stable. It is the first time that the company gets a credit rating from NRA.

Founded in 2004, Gema-Invest Closed Joint-Stock Company is a property development subsidiary of GEMA Holding Company. The GEMA brand includes operations in markets, such as automotive retail (a network of auto dealership facilities), transport (a large multi-mode transport enterprise), property development and advertising (GEMA is one of the largest outdoor advertising operators in the Moscow market that owns TRC and other companies).

Currently, the company's business portfolio includes business parks, auto dealership facilities, office centers, warehouses and production facilities in Moscow, Moscow Oblast and Leningrad Oblast. At year-end 2015, Gema-Invest owned land parcels with a total area of around 2 million square kilometers and premises with a total floor area of around 250 thousand square meters. According to the company's audited financials, its investment properties totaled around RUB 14.2 bn in 2014. Gema-Invest's auditor is Razvitie Biznes-Sistem Audit and Consultancy Group JSC. The company's annual rental proceeds reach around RUB 1 bn.