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investa property

A year of local governments living dangerously

It’s not just the US sovereign that’s recently taken a credit beating.

A Moody’s report on US public finance rating revisions out Tuesday shows how the fiscal ripple effect continues to deteriorate credit conditions in US municipalities. More…

Morgan Stanley in $12.5bn property spree

Morgan Stanley has agreed to buy Investa Property Group, Australia’s largest publicly traded office building manager, for A$4.7bn ($3.9bn), in the biggest overseas acquisition of an Australian real estate investment trust, More…