PARAMUS, N.J. -- VORNADO REALTY TRUST (NYSE: VNO) today announced that it will host an investor presentation on Tuesday, June 3, 2008 commencing at approximately 12:30 P.M. EDT, which will include presentations by members of Vornado senior management and will be webcast live by Vornado Realty Trust at Vornado's website...
PARAMUS, N.J. -- Vornado Realty Trust (NYSE:VNO) announced today that it will record its 32.7% share of Toys "R" Us' fourth quarter financial results in its first quarter ending March 31, 2008. Vornado's results will include net income of $80,362,000 or $.45 per diluted share compared to net income of...
PARAMUS, N.J. -- VORNADO REALTY TRUST (NYSE:VNO) today announced that it has entered into an agreement to sell its 482,000 square foot Tysons Dulles Plaza office building complex located in Tysons Corner, Virginia for approximately $152.8 million. The asset is unencumbered. Vornado's gain on sale will be approximately $56 million.
PARAMUS, N.J. -- VORNADO REALTY TRUST (NYSE:VNO) announced today that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, entered into a new $1.5 billion unsecured revolving credit facility. The new facility has a three-year term with two one-year extension options and bears interest at...
CHICAGO -- Equity Office Properties Trust (NYSE: EOP) confirmed that it received today a revised proposal from Vornado Realty Trust. The proposal states that Vornado proposes to acquire Equity Office for $56 per common share, payable i $31 in cash and ii in Vornado common shares having a value (based...
PARAMUS, N.J. -- Vornado Realty Trust (NYSE:VNO) announced today that it will record its 32.7% share of Toys "R" Us' third quarter financial results in its fourth quarter ending December 31, 2007. Vornado's results will include a net loss of $32,620,000, or $.18 per diluted share compared to a net...
PARAMUS, N.J. -- Vornado Realty Trust (NYSE:VNO) announced that it priced a public offering of 8,100,000 common shares after the close of trading yesterday. The net proceeds from the offering were approximately $1 billion. Lehman Brothers and J.P. Morgan were the underwriters. In addition, Vornado has granted the underwriters an...
PARAMUS, N.J. -- Vornado Realty Trust (NYSE:VNO) announced today that Michael Fascitelli, its President and a Trustee, sold 1,335,033 shares of Vornado common stock through Banc of America Securities LLC in a block trade pursuant to Rule 144. These shares were acquired as result of the exercise of a stock...
PARAMUS, N.J. -- Vornado Realty Trust (NYSE: VNO) announced today that at its 2007 Annual Meeting of Shareholders (the "Meeting") shareholders re-elected Robert P. Kogod, David Mandelbaum and Dr. Richard R. West as Trustees to serve until Vornado's Annual Meeting in 2010 and ratified the appointment of Deloitte & Touche...
Byline: Patricia Kirk Vornado Realty Trust has snapped up a prized historic property in Boston's Downtown Crossing district: Filene's department store. The four-building, 656,000-square-foot property, which went on the block last year a ...
PARAMUS, N.J. -- VORNADO REALTY TRUST (New York Stock Exchange: VNO) today announced that it will host an investor conference on Thursday, May 11, 2006 at 2:00 P.M. EDT. The conference will be webcast live by Vornado Realty Trust and the webcast and materials presented at the conference can be...
PARAMUS, N.J. -- Vornado Realty Trust (NYSE:VNO) announced today that it will record its 32.8% share of Toys "R" Us' second quarter financial results in its third quarter ending September 30, 2007. Vornado's results will include a net loss of $20,289,000, or $.11 per diluted share compared to a net...
New Jersey-based Vornado Realty Trust has completed its $153 million acquisition of the Broadway Mall. The deal includes assuming the $94.9 million mortgage. The 1.2 million-square-foot mall anchored by a Macy's, the Island's lone Ikea, and Target, was sold by Gregory Greenfield & Associates. Vornado owns or manages 87 million...
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...
Byline: Parke M. Chapman The past five years have been good to publicly traded real estate firms. They've been even better to Vornado Realty Trust, the nation's fourth largest REIT with a $19.5 billion market capitalization. ...
PARAMUS, N.J. -- Vornado Realty Trust (NYSE:VNO) announced today that it will record its 32.8% share of Toys "R" Us' first quarter financial results in its second quarter ending June 30, 2007. Vornado's results will include a net loss of $20,029,000, or $.11 per diluted share compared to a net...
PARAMUS, N.J. -- VORNADO REALTY TRUST (NYSE:VNO) today announced the offering of 9,000,000 of its common shares that it expects to sell in an underwritten public offering pursuant to an effective registration statement. Citigroup will be the sole underwriter. In addition, Vornado expects to grant Citigroup an option for 30...
PARAMUS, N.J. -- ALEXANDER'S INC,. (NYSE: ALX) today announced that Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander's operations, will participate in a presentation at the Citigroup 2007 Global Property CEO Conference on Monday, March 5, 2007 at 10:25 A.M. EST. The call-in number for the presentation is...
Innovative USB Sleep'n Charge. Stylish Fusion™ finish. Ultra-portable. It's clear why the Satellite® U405 is a smart choice for you and your small business. Only from the laptop expert, Toshiba.
