BNET Industries
Market Cap:$12.5B
Last Fiscal Year Sales:$2.6B
- Public
- US
Dow Jones Description
Vornado Realty Trust's Manhattan Portfolio consists of 21.7 million sf across 50 properties, which includes Class A office buildings, street retail, showroom and residential assets, and the Hotel Pennsylvania. Vornado's New York Office Division also oversees the leasing and management of the 1.8 million sf 555 California Street - a signature fixture in the San Francisco skyline and one of the most recognizable office towers on the West Coast. Read more
Number of Employees 3,529
Peer Companies
NAICS Code : 525930
Recent Events
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Real Estate Stocks: The Case For David Instead Of Goliath
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Vornado posts jump in 3Q FFO on K Street sale
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Vornado Realty Launches $2 Billion Buyback For Convertible Debt
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Vornado Realty Trust Announces Cash Tender Offers for Any and All of Its 3.625% Convertible...
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BUYINS.NET: AMT, VNO, ADM, HCP, SID, ACOR Expected To Be Lower After Earnings Releases on...
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Vornado Declares Quarterly Dividend on Common Shares of $0.65 Payable $0.38 in Cash and $0.27...
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Vornado Announces Details of its Common Share Dividend Payable on September 14, 2009
News & Analysis
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reit and vornado realty trust - All News and Analysis
Port of Virginia facilities point the way to and from major United States markets: long a popular call for trans-Atlantic container ships unloading East Coast-destined cargo and picking up outbound goods, in recent years China has topped the TEU charts on
Virginia," as the 1970s advertising slogan proclaimed, "is for lovers." That may well still be tree, but in recent years it has also become a place where companies love to conduct business. Indeed, the East Coast, Mid-Atlantic USA state placed No. 1 in ...
Vornado's all-weather track record bodes well; Big REIT's quirky tastes for burgers, retailers add luster.(real estate investment trusts)
Byline: Tom Fredrickson With rising interest rates pummeling the shares of real estate investment trusts, one of the biggest has quietly gone shopping for Happy Meals. Vornado Realty Trust revealed last week that it had accumulated a 1.2% stake in Byline: Tom Fredrickson...
Vornado Realty Trust Selects Whale's SSL VPN to Provide Secure Remote Access to Key Financial Applications; One of Nations Largest REITS Uses Whale to Give Access to Business-Critical ERP and CRM Applications
FORT LEE, N.J. -- Whale Communications today announced that Vornado Realty Trust (NYSE: VNO) selected Whale's SSL VPN to give its selected employees secure anytime, anywhere access to core financial systems, bolstering productivity and employee satisfaction.
Tishman Speyer buys NYT building on 43rd; made pre-emptive offer of $175m
Amid a tough field of competitors, including REIT heavies Vornado Realty Trust and Boston Properties, Tishman Speyer Properties triumphed last Sunday in its bid for The New York Times' 750,000 s/f headquarters on West 43rd Street between 7th and 8th Avenue. With a winning $175 mil lion offer and...
REIT's investment keys Sears jump.(Markets)(Brief Article)
Byline: Sandra Jones Sears, Roebuck and Co. shares soared 24% in heavy trading Friday after Vornado Realty Trust, a New York-based real estate investment trust, said it bought a 4.3% stake in the retailer. The news fueled talk that Sears will mo...
Kennedy Family Sells Real Estate Empire for $575 Million.
By Richard Kindleberger, The Boston Globe Knight Ridder/Tribune Business News Jan. 27--The real estate empire that has anchored the multimillion-dollar fortune of Joseph P. Kennedy and his heirs for half a century will be sold for $575 million, parties to...
Kennedys eye Mart deal. (financial restructuring of Chicago's Merchandise Mart)
Sale, refinancing in works; heirs can cash out The Kennedy family is considering a massive financial restructuring of Chicago's Merchandise Mart and its other real estate holdings - a move that likely will result in a sale or remortgaging of all or mosSale, refinancing in works; heirs...
REIT-shaping NY. (real estate investment trusts)(Takeout Commercial Real Estate)
In November, when Vornado realty trust reached an agreement to buy 150 E. 58th St., a 39-floor office building, for $118 million, it barely rated a mention in the New York press. Even two years ago, the sale of such a Manhattan property to a real ...
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