NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded the ratings of InRetail Real Estate Corp. (InRetail Real Estate) as follows: --Foreign currency Issuer Default Rating (IDR) to 'BB+' from 'BB'; --Local currency IDR to 'BB+' from 'BB'. Fitch has also upgraded the bonds issued by InRetail Shopping Malls that were guaranteed by InRetail Real Estate as follows: --Senior unsecured foreign currency notes due 2021 to 'BB+' from 'BB'; --Senior unsecured local currency notes due 2034 to 'BB+' from '