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Content tagged with: REITs

Allied Properties' debt downgraded to 'junk' by Moody's

Don Wilcox Commercial REITs National Jun. 12 2024

Moody's Ratings downgraded office owner and operator Allied Properties REIT’s (AP-UN-T) senior unsecured debt rating to junk status Tuesday, dropping it one level to Ba1 with a continuing negative outlook due to what the agency considers ongoing high debt levels.

Three years in: Artis REIT CEO addresses priorities

Steve McLean Commercial REITs National Mar. 21 2024

Three years after being installed as president and CEO of Artis REIT (AX-UN-T) and announcing a “bold, pioneering and truly unique vision,” Samir Manji has issued his annual letter to unitholders to outline where things stand and where they’re going.

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