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  • BAE Systems spies future opportunities with Typhoon jets but flat forecast disappoints
    
  • Amey buys Carillion rail contracts, saving 700 jobs
    
  • Moneysupermarket shares plunge as investors told not to expect growth 
    
  • Kaz Minerals edges closer to long-awaited dividend on surging profits
    

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In a sign that there still is potential for the Valley’s apartment-rental rates to climb, two investment firms have paid a combined $66 million for two complexes. New York City-based Abacus Capital Group LLC bought Renaissance at South Mountain apartments, 15251 S. 50th St. in Phoenix, for $37 million. The deal closed last week. In a separate deal that closed last month, Scottsdale-based PEM Real Estate Group paid $29.3 million for the Village at Gateway Pavilions complex, 1700 N. 103rd Ave. in Avondale.  More…

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