BNET Industries
Market Cap:$11.9B
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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vornado realty trust and zacks.com - All News and Analysis
With Commercial Real Estate's Bleak Outlook, Tread Lightly
Zacks.com submits: By Greg Sukenik The National Association of Realtors issued predictions for four major sectors of commercial real estate this week. According the report, national office vacancies are expected to increase from 16.1% in 2009 to over 20% in 2010 with rents falling about 7% this year...
REITs Industry Outlook
Zacks.com submits: By: Greg Sukenik Equity REITs have rebounded nicely over the past few months. So far this quarter, equity REITs have posted total returns of 36% total return FTSE NAREIT Index. All sectors are up in the 2nd quarter; the best performing sectors were lodging...
Office REIT Outlook Still Bleak
Zacks.com submits: According to new data from commercial real estate services company Cushman and Wakefield, US office market vacancies jumped in 1Q09. The overall US office vacancy rate was 12.5% in 1Q09, 130 bps higher than year-end 2008. Only one market of the 31 CBDs central business districts...
REITs: Good Time to Buy, But Expect Near-Term Choppy Prices
Zacks.com submits: Equity REITs posted somewhat of a comeback last week after a rough 1st quarter. So far in March, REITs have rebounded 7% total return FTSE NAREIT Index. All sectors are up in March; the best performing sectors were apartments (16% return), industrial (16%), and lodging (15%)....
Vornado Should Withstand Economic Crisis
Zacks.com submits: Vornado Realty Trust VNO is a New York-based real estate investment trust (REIT) that acquires, owns, and leases office properties, retail space and temperature-controlled logistics and refrigerated warehouses. The company owns and manages approximately 100 million square feet of real estate (including pro-rata share of partially-owned...
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