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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.

An opportunity 'you simply must grab': New Savills president

Christine Wong Residential Brokers National Jun. 12 2024

When Ruth Fischer recently announced her new job on social media, she called the move “bittersweet.” While she’s thrilled to be the new president of Savills Canada, it meant leaving CBRE after a 14-year run. 

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