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Vornado Realty Trust (VNO.N)

VNO.N on New York Stock Exchange

103.83USD
22 Jul 2016
Change (% chg)

$1.91 (+1.87%)
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$101.92
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$101.82
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$104.47
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Volume
371,753
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$104.47
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Latest Key Developments (Source: Significant Developments)

Vornado Realty Trust completes sale of 20 Broad Street for $200 million aggregate consideration
Tuesday, 22 Dec 2015 04:24pm EST 

Vornado Realty Trust:Sale of its leasehold interest in 20 Broad Street, a 473,000 square foot office building in Manhattan for $200 million aggregate consideration.The total income from this transaction, which will be recognized in the fourth quarter, is approximately $157 million comprised of $142 million from the gain on sale and $15 million of lease termination income.Vornado Realty Trust is a fully integrated equity real estate investment trust.  Full Article

Vornado Realty Trust enters into $750 mln unsecured term loan facility
Monday, 2 Nov 2015 08:56am EST 

Vornado Realty Trust:Enters into $750 million unsecured term loan facility.Says the facility matures in October 2018 with two one-year extension options.Vornado Realty l.p entered into an unsecured delayed-draw term loan facility in the maximum amount of $750 million.Says $750 million unsecured term loan facility is in addition to vornado's undrawn $2.5 billion revolving credit facilities.  Full Article

Vornado Realty Trust declares quarterly $0.63 dividend on common shares
Thursday, 29 Oct 2015 03:44pm EDT 

Vornado Realty Trust:Declared a regular quarterly dividend of $0.63 per share.Payable on November 23, 2015 to common shareholders of record on November 10, 2015.  Full Article

Vornado Realty Trust Upsizes Its 220 Central Park South Development Loan to $950 Million
Monday, 28 Sep 2015 05:23pm EDT 

Vornado Realty Trust:Upsized the loan on its 220 Central Park South development by $350 million to $950 million.interest rate on the loan is LIBOR + 2.00% and the final maturity date is 2020.Lender on the loan is the Bank of China.In connection with the upsizing, the standby commitment for a $500 million mezzanine loan for this development has been terminated by payment of a $15 million contractual termination fee.  Full Article

Vornado Realty Trust completes sale of 1750 Pennsylvania Avenue in Washington, DC for $182 million
Wednesday, 9 Sep 2015 06:03pm EDT 

Vornado Realty Trust:Says it has completed the previously announced sale of 1750 Pennsylvania Avenue, NW, a 278,000 square foot office building in Washington, DC. for $182 million.Says financial statement gain of approximately $102 million will be recognized in the third quarter.Says tax gain will be deferred as part of a like-kind exchange.Vornado will manage the property on behalf of the new owner.Vornado Realty Trust is a fully integrated equity real estate investment trust.  Full Article

Vornado Realty Trust to Sell 1750 Pennsylvania Avenue in Washington, DC for $182 Million
Tuesday, 25 Aug 2015 12:00am EDT 

Vornado Realty Trust:To sell 1750 Pennsylvania avenue in Washington, dc for $182 million.Says the sale price is approximately $182 million.The sale will result in a financial statement gain of approximately $102 million.  Full Article

Vornado Realty Trust acquires 260 Eleventh Avenue Manhattan office property
Monday, 3 Aug 2015 08:57am EDT 

Vornado Realty Trust:Acquires 260 eleventh avenue Manhattan office property.Says transaction is structured as a 99-year ground lease with an option to purchase the land for $110 million.Buildings were purchased for 813,900 newly issued Vornado operating partnership units valued at approximately $80 million.  Full Article

Vornado Realty Trust declares quarterly $0.63 dividend on common shares
Thursday, 30 Jul 2015 01:47pm EDT 

Vornado Realty Trust:Declared a regular quarterly dividend of $0.63 per share.payable on Aug. 21, 2015 to common shareholders of record on Aug. 11, 2015.  Full Article

Vornado Realty Trust declares quarterly dividends on preferred shares
Thursday, 30 Jul 2015 01:36pm EDT 

Vornado Realty Trust:Declared the following quarterly preferred dividends.Series A Convertible $ .8125000 per share.Series G and I Cumulative Redeemable $ .4140625 per share.Series J Cumulative Redeemable $ .4296875 per share.Series K Cumulative Redeemable $ .3562500 per share.Series L Cumulative Redeemable $ .3375000 per share.In each case, dividends are payable on Oct. 1, 2015 to shareholders of record on Sept. 15, 2015.  Full Article

Vornado Realty Trust completes acquisition of Old Navy Store in Penn Plaza District
Wednesday, 3 Jun 2015 04:31pm EDT 

Vornado Realty Trust:Completed the acquisition of 150 West 34th Street, a 78,000 square foot retail property leased to Old Navy through May 2019.Property is located across the street from Macy's.SYS The purchase price is about $355 million.  Full Article

BRIEF-Vornado Realty Trust completes $273 mln refinancing of Warner building in Washington DC

* Vornado completes $273 million refinancing of the Warner building in Washington DC Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)