LAHORE (PR) - In a recent review, Pacra and Nespak have assigned a positive outlook to the developer grading of Tricon Developers Limited. In July 2009, Pacra and Nespak had assigned a rating of DG3 to Tricon Developers Limited, which indicates good overall execution capacity of the developer. The ability to deliver within specified time and as per terms is also considered good. The grading reflects the recent corporatisation and other measures taken by the management to strengthen the companys project management systems and controls. The grading also incorporates the proposed listing of the company on the stock exchange through initial, public offering, which is expected to enhance governance standards and strengthen Tricon Developers financial profile. Considering these trends, the outlook on the grading is positive.