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VNO 109.95 +0.11 (0.10%)
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Informa Acquires MMPI Canada for $53 Million; Posts Half-year Earnings Losses
The mergers and acquisitions market in the trade show industry is warming up after a few years of quiet times with the recent purchase of Vornado Realty Trust's MMPI Canada by Informa for $53 million. The acquisition is a bright note in what has been a ...
A downtown Morton's
The original 36,000 square-foot H&M flagship US store at 640 Fifth Ave. on the northwest corner of West 51st Street is quietly being shopped for lease to other retailers by Vornado Realty Trust. The cheap-chic fashion outlet has a cheap lease from the ...
Office market recovery slows to a crawl
That should be an advantage for real estate investment trusts, such as SL Green Realty Corp,, Boston Properties Inc and Vornado Realty Trust, which have holdings in cities with strength in technology. Effective rents increased the most in San Francisco ...
Downtown retail tour highlights plans for former Filene's, Borders sites
Monday�€™s Boston Retail Bus Tour addressed plans for those sites as well as ongoing growth in retail districts around the city.
Moto Mobility's Mart move creates a new tech hotspot in River North
Google didn't buy the Mart, but its 15-year lease puts an exclamation point on a shift that has been under way at the building, owned by New York-based Vornado Realty Trust. About 40 percent of the Mart is office space, most of which is leased by tech ...
Museum makes a divine acquisition
Both buildings are fully leased and being sold by Vornado Realty Trust. The buildings combine for about 811,122 square feet and will trade for roughly $247 per square foot.
Chicago Attracts New Towers With River Views
(The family sold the Mart as well as the Apparel Center in 1998 to Vornado Realty Trust, where they remain stockholders.) The project is being headed by Christopher Kennedy, a son of Robert F. Kennedy.
Real Estate Roundtable Elects FY2013 Board with Taubman as Chairman
Real Estate Roundtable President and CEO Jeffrey D. DeBoer, Immediate Past Chairman Daniel M. Neidich (Dune Real Estate Partners LP), and newly elected Chairman Robert S. Taubman (Taubman Centers, Inc.). (PRNewsFoto/Real Estate Roundtable) ...
The Rebirth Of General Growth Properties
In the wake of its bankruptcy, General Growth hired as its CEO Sandeep Mathrani, a retail veteran from Vornado Realty Trust (NYSE:VNO), which controls office and retail properties in New York and Washington, D.C.. In November 2011, General Growth ...
Central Banks: Interest rate fight
A fight made of interest rates cut and quantitative easing could inflame forex market and strengthen commodities prices. Last Thursday, the majors Central Banks have taken an important decision in order to boost their economy.