Allied Properties Real Estate Investment Trust, one of Canada's largest office real estate investment trusts, has had its debt rating reduced to speculative by Moody's Ratings, with the credit agency saying the outlook remains negative for the REIT's operations.
Allied Properties' Debt Downgraded Due to Negative Outlook
Drop to Speculative Rating Reflects Tough Operating Environment for Office Owners, Moody’s Says
By Garry Marr
CoStar News
June 12, 2024 | 6:32 P.M.
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