reports
Vornado Announces First Quarter Earnings Release Date and Conference C...
Vornado Announces First Quarter Earnings Release Date and Conference Call Information NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10Q for the quarter ended March 31, 2025 with the U.S. Securities and Exchange Commission and issue its first quarter earnings release on Monday, May 5, 2025, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, May 6, 2025 at 10:00 a.m. Eastern Time (ET). The conference call can ...
Vornado Announces PENN 1 Ground Rent Reset Determination
Vornado Announces PENN 1 Ground Rent Reset Determination NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that the panel appointed to determine the ground rent payable by Vornado’s subsidiary for the PENN 1 land parcel for the 25-year period beginning June 17, 2023 has determined that the annual rent payable during the current 25-year term will be $15 million. Further, litigation is currently pending between the parties in New York County Supreme Court relating to the matter. To date, the court denied the Vornado subsidiary’s motion to dismiss ...
Vornado’s Retail JV Completes $450 Million Financing of 1535 Broadway
Vornado’s Retail JV Completes $450 Million Financing of 1535 Broadway NEW YORK, April 14, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has completed a $450 million financing of 1535 Broadway, a premier Times Square retail destination with full blockfront 4K LED signage. The interest only, non–recourse loan carries a fixed rate of 6.90% and matures in May 2030. After transaction costs and reserves, $407 million of the net proceeds from the financing were used to partially redeem Vornado’s Retail JV preferred equi...
Vornado Releases 2024 Sustainability Report
Vornado Releases 2024 Sustainability Report NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) announced today that it released its 2024 Sustainability Report. This Sustainability Report is Vornado's 16th consecutive sustainability report which highlights the Company's industry-leading accomplishments in sustainability and provides key metrics on the Company’s sustainability priorities. Key achievements for 2024 included: Became the first major real estate owner, operator and developer to achieve 100% LEED® certification across our entire portfolio ...
Vornado Announces Fourth Quarter 2024 Financial Results
Vornado Announces Fourth Quarter 2024 Financial Results NEW YORK, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended December 31, 2024 Financial Results NET INCOME attributable to common shareholders for the quarter ended December 31, 2024 was $1,203,000, or $0.01 per diluted share, compared to a net loss attributable to common shareholders of $61,013,000, or $0.32 per diluted share, for the prior year's quarter. FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended...
Vornado Declares Quarterly Dividends On Preferred Shares
Vornado Declares Quarterly Dividends On Preferred Shares NEW YORK, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends: Series A Convertible$.8125000per shareSeries L Cumulative Redeemable$.3375000per shareSeries M Cumulative Redeemable$.3281250per shareSeries N Cumulative Redeemable$.3281250per shareSeries O Cumulative Redeemable$.2781250per share In each case, dividends are payable on April 1, 2025 to shareholders of record on March 17, 2025. Vornado Realty Trust is a fully...
Vornado Announces Fourth Quarter Earnings Release Date and Conference ...
Vornado Announces Fourth Quarter Earnings Release Date and Conference Call Information NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2024 with the U.S. Securities and Exchange Commission and issue its fourth quarter and full year earnings release on Monday, February 10, 2025, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, February 11, 2025 at 10:00 a.m. Eastern Time (ET). T...
Vornado Realty Trust Becomes First in Nation to Achieve LEED Certifica...
Vornado Realty Trust Becomes First in Nation to Achieve LEED Certification Across Entire In-Service Portfolio U.S. Green Building Council Recognizes Vornado as a Trailblazer in Sustainability THE PENN DISTRICTVornado’s 10 Million SF Campus NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO), along with the U.S. Green Building Council (USGBC), today announced that it has become the first major real estate owner, operator and developer to achieve 100 percent LEED® certification across its entire portfolio of in-service buildings. Developed by USGBC, LEED (Leader...
Vornado’s Retail JV Completes $350 Million Transaction with UNIQLO
Vornado’s Retail JV Completes $350 Million Transaction with UNIQLO NEW YORK, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has completed the previously announced sale to UNIQLO of the portion of its U.S. flagship store at 666 Fifth Avenue owned by the retail joint venture for $350 million. The joint venture continues to own 23,832 square feet of retail space (7,416 square feet at grade) at 666 Fifth Avenue consisting of the Abercrombie & Fitch and Tissot stores. The $342 million of net proceeds fr...
Vornado Realty Trust: 1 director
A director at Vornado Realty Trust sold 2,000 shares at 44.864USD and the significance rating of the trade was 59/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years cle...
Vornado Declares Common Dividend of $.74 Per Share
Vornado Declares Common Dividend of $.74 Per Share NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a dividend of $.74 per common share. The dividend will be payable on December 27, 2024 to shareholders of record on December 16, 2024. For 2025, Vornado anticipates continuing its recent common share dividend policy of paying one common share dividend in the fourth quarter of 2025. Vornado Realty Trust is a fully-integrated equity real estate investment trust. CONTACT Thomas J. Sanelli(212) 894-7000 Cert...
Vornado Announces Third Quarter 2024 Financial Results
Vornado Announces Third Quarter 2024 Financial Results NEW YORK, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended September 30, 2024 Financial Results NET LOSS attributable to common shareholders for the quarter ended September 30, 2024 was $19,154,000, or $0.10 per diluted share, compared to net income attributable to common shareholders of $52,846,000, or $0.28 per diluted share, for the prior year's quarter. FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter...
Vornado Declares Quarterly Dividends On Preferred Shares
Vornado Declares Quarterly Dividends On Preferred Shares NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends: Series A Convertible$.8125000per shareSeries L Cumulative Redeemable$.3375000per shareSeries M Cumulative Redeemable$.3281250per shareSeries N Cumulative Redeemable$.3281250per shareSeries O Cumulative Redeemable$.2781250per share In each case, dividends are payable on January 2, 2025 to shareholders of record on December 16, 2024. Vornado Realty Trust i...
Vornado Announces Third Quarter Earnings Release Date and Conference C...
Vornado Announces Third Quarter Earnings Release Date and Conference Call Information NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended September 30, 2024 with the U.S. Securities and Exchange Commission and issue its third quarter earnings release on Monday, November 4, 2024, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, November 5, 2024 at 10:00 a.m. Eastern Time (ET). The conferen...
Vornado Realty Trust Announces Primark will Open its First Manhattan S...
Vornado Realty Trust Announces Primark will Open its First Manhattan Store in THE PENN DISTRICT NEW YORK, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that Primark, the international clothing retailer, has signed a 78,760 square foot lease to open its first Manhattan store at 150 West 34th Street in THE PENN DISTRICT, one of the most desirable and convenient locations in Manhattan. “THE PENN DISTRICT is transforming into a dynamic new District offering the best in class of retail, restaurants and lifestyle offerings. We are excited for Primark to open...
Moody's Ratings announces completion of a periodic review of ratings o...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Vornado and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 20 September 2024 in which we reassessed the appropriateness of the ratings in the context of the r...
Medline Triples Its Presence at THE MART, Vornado Realty Trust’s Iconi...
Medline Triples Its Presence at THE MART, Vornado Realty Trust’s Iconic Downtown Chicago Property Medline’s 161,000 SF Lease Makes the Growing Healthcare Company One of THE MART’s Largest Tenants THE MART3.7 MM SF Property on the River North, Chicago, IL CHICAGO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Medline and Vornado Realty Trust (NYSE: VNO) today announced an agreement to expand Medline’s presence at THE MART by 110,000 square feet, making it one of the largest tenants at Vornado’s iconic, 3.7-million-square-foot property in downtown Chicago. Medline will more than triple its off...
Vornado Announces Second Quarter 2024 Financial Results
Vornado Announces Second Quarter 2024 Financial Results NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended June 30, 2024 Financial Results NET INCOME attributable to common shareholders for the quarter ended June 30, 2024 was $35,260,000, or $0.18 per diluted share, compared to $46,377,000, or $0.24 per diluted share, for the prior year's quarter. FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended June 30, 2024 was $148,944,000, or $0.76 per diluted sha...
Vornado’s Retail JV Enters into $350 Million Transaction with UNIQLO
Vornado’s Retail JV Enters into $350 Million Transaction with UNIQLO NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has entered into an agreement to sell UNIQLO the portion of its U.S. flagship store at 666 Fifth Avenue owned by the retail joint venture for $350 million. The joint venture owns the fee condominium interest in 17,295 square feet (6,477 square feet at grade) of UNIQLO’s 90,732 square foot store. In conjunction with the closing, the pass-through leases between the office condominium ow...
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