Allied Properties Cut to Junk by Moody’s on Office Vacancy Woes

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Moody’s Ratings downgraded Allied Properties Real Estate to junk status on Tuesday, citing the Canadian office landlord’s high debt levels, as well as weakening occupancy rates that will weigh on its ability to meet its obligations.

Elliott Steps In to Back Faltering Canadian Copper Miner After BankruptcyBiden Is Poised to Pick Goldsmith Romero to Lead Overhaul at FDICApple Hits First Record This Year on Hopes AI Will Fuel UpgradesCD&R Leads Bidding for Drugmaker Stada as Owners Seek €11 BillionNY’s JFK Airport Taps Munis for $1.

market outlook reports, Fed decision‘They Don’t Understand’: Henry Kravis Rebukes Climate Protesters Who Interrupted HimOil Driller Vista Energy to Import New Frack Set in SLB DealEni Launches Sale of 10% of Saipem Worth €410 MillionUAE Boosts Imports of Iraqi Crude After Oil Refinery UpgradePhilippines Sees Nuclear as Long-Term Replacement for LNGSaudi Arabia, Brazil Hope to Kindle Investment With Deeper TiesWar’s Aftershocks Force Israelis to Face Delayed Inflation SpikeThe Daily Chase: U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in PROPERTY

Property Property Latest News, Property Property Headlines