RIO DE JANEIRO--(BUSINESS WIRE)--Fitch Ratings has affirmed BR Properties S.A.'s (BR Properties) ratings as follows: --Long-term foreign currency Issuer Default Rating (IDR) at 'BB'; --Long-term local currency IDR at 'BB'; --USD285 million senior unsecured perpetual notes at 'BB'; --Long-term national scale rating at 'AA-(bra)'. Fitch has removed the Rating Watch Negative from BR Properties' ratings and assigned a Stable Rating Outlook. KEY RATING DRIVERS The affirmation and assignment of the S
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