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Vornado Realty Trust (VNO.N)

VNO.N on New York Stock Exchange

76.89USD
17 Aug 2018
Change (% chg)

$0.49 (+0.64%)
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Latest Key Developments (Source: Significant Developments)

Vornado Agrees To Sell Its Interests In The 666 Fifth Avenue Office Condominium
Friday, 1 Jun 2018 04:31pm EDT 

June 1 (Reuters) - Vornado Realty Trust ::PRESS RELEASE - VORNADO ENTERS INTO AN AGREEMENT TO SELL ITS INTERESTS IN THE 666 FIFTH AVENUE OFFICE CONDOMINIUM.VORNADO REALTY TRUST - NET PROCEEDS TO VORNADO FROM SALE WILL BE $120 MILLION..VORNADO REALTY TRUST - FINANCIAL STATEMENT GAIN IS ESTIMATED TO BE $134 MILLION AND TAX GAIN IS ESTIMATED TO BE $244 MILLION FROM DEAL.VORNADO REALTY TRUST - TO SELL ITS 49.5% INTERESTS IN 666 FIFTH AVENUE OFFICE CONDOMINIUM TO ITS PARTNER, KUSHNER COMPANIES.  Full Article

Vornado Realty Trust Files For Potential Mixed Shelf Offering
Tuesday, 3 Apr 2018 07:51am EDT 

April 3 (Reuters) - Vornado Realty Trust ::VORNADO REALTY TRUST FILES FOR POTENTIAL MIXED SHELF OFFERING, SIZE NOT DISCLOSED - SEC FILING .VORNADO REALTY TRUST SAYS VORNADO REALTY L.P. FROM TIME TO TIME MAY OFFER TO SELL DEBT SECURITIES‍​.  Full Article

Vornado Realty Trust Says On Feb 16, The New York City Tax Appeals Tribunal Issued A Decision Against A Subsidiary Of Co - SEC Filing
Friday, 2 Mar 2018 04:50pm EST 

March 2 (Reuters) - Vornado Realty Trust ::VORNADO REALTY TRUST SAYS ON FEB 16, THE NEW YORK CITY TAX APPEALS TRIBUNAL ISSUED A DECISION AGAINST A SUBSIDIARY OF CO - SEC FILING.VORNADO REALTY TRUST SAYS ON FEB 16, THE NEW YORK CITY TAX APPEALS TRIBUNAL ALSO ASSESSED ADDITIONAL NEW YORK CITY REAL PROPERTY TRANSFER TAXES.VORNADO REALTY TRUST SAYS TRIBUNAL'S FEB 16 DECISION REVERSED A JAN 2017 DETERMINATION THAT THE NEW YORK CITY REAL PROPERTY TRANSFER TAXES WERE NOT DUE.VORNADO REALTY TRUST SAYS DUE TO TRIBUNAL'S DECISION, CO ESTIMATES RECORDING EXPENSE IN QUARTER ENDED MARCH 31 OF $0.11 PER DILUTED SHARE.  Full Article

Vornado Reports Q4 Shr of $0.14
Monday, 12 Feb 2018 06:03pm EST 

Feb 12 (Reuters) - Vornado Realty Trust ::VORNADO ANNOUNCES FOURTH QUARTER 2017 FINANCIAL RESULTS.QTRLY EARNINGS PER SHARE $0.14.Q4 FFO PER SHARE $0.80.QTRLY ADJUSTED EARNINGS PER SHARE ‍$0.34​.QTRLY ‍ADJUSTED FFO PER SHARE $0.98​.  Full Article

Vornado Realty Reports ‍$34.8 Mln Tax Expense
Thursday, 18 Jan 2018 04:35pm EST 

Jan 18 (Reuters) - Vornado Realty Trust ::VORNADO REALTY-‍$34.8 MILLION TAX EXPENSE RELATED TO FALL IN TAXABLE REIT UNITS' DEFERRED TAX ASSETS ON DECREASED TAX RATES UNDER TAX CUTS & JOBS ACT IN Q4​.VORNADO REALTY TRUST-ON AN FFO BASIS, TAX EXPENSES AMOUNTS AGGREGATE TO REDUCTION OF $0.18/DILUTED SHARE IN Q4.VORNADO REALTY - ‍$4.8 MILLION EXPENSE RELATED TO DEC 13, 2017 PREPAYMENT OF $450 MILLION PRINCIPAL AMOUNT OF 2.50% SENIOR UNSECURED NOTES DUE 2019 IN Q4​.  Full Article

Vornado Realty Trust Says Unit Issued And Sold $450 Million Aggregate Principal Amount Of Its 3.500% Notes
Thursday, 28 Dec 2017 04:36pm EST 

Dec 28 (Reuters) - Vornado Realty Trust ::VORNADO REALTY TRUST - ‍ON DEC. 27, VORNADO REALTY L.P. ISSUED AND SOLD $450 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 3.500% NOTES DUE 2025 - SEC FILING.  Full Article

Vornado Announces Public Offering Of $450 Mln 3.5 Pct 7-Year Senior Unsecured Notes Due 2025
Wednesday, 13 Dec 2017 08:19pm EST 

Dec 13 (Reuters) - Vornado Realty Trust ::VORNADO ANNOUNCES PUBLIC OFFERING OF $450 MILLION 3.5% 7-YEAR SENIOR UNSECURED NOTES DUE 2025 AND CALLS FOR REDEMPTION ITS $450 MILLION 2.5% SENIOR UNSECURED NOTES DUE 2019 AND CALLS FOR REDEMPTION THE REMAINING $120 MILLION OF ITS 6.625% SERIES I CUMULAT.‍NOTES WERE PRICED AT 99.596% OF THEIR FACE AMOUNT TO YIELD 3.565%​.  Full Article

Vornado Realty Trust Says It Is Offering 12 Mln Of Its 5.25 Pct Series M Cumulative Redeemable Preferred Shares Of Beneficial Interest
Wednesday, 6 Dec 2017 06:26am EST 

Dec 6 (Reuters) - Vornado Realty Trust ::VORNADO REALTY TRUST SAYS IT IS OFFERING 12 MILLION OF ITS 5.25% SERIES M CUMULATIVE REDEEMABLE PREFERRED SHARES OF BENEFICIAL INTEREST - SEC FILING.  Full Article

Vornado Realty Trust qtrly FFO per share $0.52
Monday, 30 Oct 2017 04:41pm EDT 

Oct 30 (Reuters) - Vornado Realty Trust ::Vornado Realty Trust qtrly total revenues $528.8 million versus $502.8 million ‍​- sec filing.Vornado Realty Trust qtrly net income from continuing operations $0.09 per share.Vornado Realty Trust qtrly net loss income from discontinued operations $0.24 per share.Vornado Realty Trust qtrly FFO per share $0.52 ‍​.Q3 FFO per share view $0.54 -- Thomson Reuters I/B/E/S.Q3 revenue view $532.6 million -- Thomson Reuters I/B/E/S.  Full Article

Vornado extends $1.25 bln of its $2.5 bln revolving credit facilities
Tuesday, 17 Oct 2017 05:04pm EDT 

Oct 17 (Reuters) - Vornado Realty Trust -:Vornado extends $1.25 billion of its $2.5 billion revolving credit facilities.Vornado Realty Trust-extended 1 of its two $1.25 billion unsecured revolving credit facilities from Nov 2018 to Jan 2022 with two 6‑month extension options​.Vornado Realty Trust - ‍interest rate on extended facility was lowered from Libor plus 105 basis points to Libor plus 100 basis points​.  Full Article

UPDATE 2-Brookfield gains lease on Kushner's landmark New York tower

NEW YORK, Aug 3 Canada's Brookfield Asset Management said on Friday it acquired a 99-year lease on a flagship New York office tower controlled by the family of Jared Kushner, the son-in-law of U.S. President Donald Trump, capping a long saga to refinance the building.