Vornado Realty Trust 's plan to spin off its retail shopping ..... very good demographic characteristics, Vornado 's remaining portfolio of office and ..... Washington portfolio will make up 91% of Vornado 's EBITDA, up from roughly 80% today
April 11 (Reuters) - Vornado Realty Trust , the owner of office buildings and retail properties chiefly in New York and Washington, said it would spin off its shopping center business into a publicly...
Vornado 's ( VNO ) shopping center ops, which ..... peer median of $15.66/sq.foot. Vornado will hold onto 20 small retail assets ..... spinoff's chairman and CEO. Previous: Vornado considers shopping center spinoff 1 comment
and unconsolidated), good for about 5% to 6% share of the NYC office real estate market. By way of comparison, Vornado ( VNO ) holds about 4% share, Brookfield Office Properties ( BPO ) about 3% share, and Boston Properties ( BXP ) about
Goldfarb, summing up a major investor gripe over Vornado Realty Trust ( VNO ) Under consideration by Vornado would be the spinoff of its strip malls into ..... Retail Opportunity Investments ( ROIC ). Vornado shareholders would take a majority stake in
" Vornado ( VNO ) has underperformed the REIT index by 15% over the past three years on investments in J.C. Penney and Toys R Us, combined
investment trusts ( REITs ) and home builders. Typical REITs are Boston Properties ( BXP ), Kilroy ( KRC ), Vornado Realty Trust ( VNO ) and S.L. Green Realty Corp. ( SLG ). Many of the largest real estate companies also trade publicly. If
Some of Vornado 's recent noncore investments have appeared ..... in Washington, D.C., will dampen Vornado 's results for the foreseeable future ..... making it difficult for landlords such as Vornado to make money with acquisitions. With
Office and retail property landlord Vornado Realty Trust released solid third-quarter ..... marked the first time in 32 years Vornado reported a negative same-store ..... relatively strong demand over time. Vornado is also known for its investments
(Reuters) - Vornado Realty Trust has sold its 13.4 million shares in J.C. Penney Co Inc for $13 a share, ending a three-year investment in the struggling department store operator it had pushed to...