Back on June 11th I recommended Vornado Realty Trust (VNO), with the idea that this company's new strategy of focusing on New York City development, with an emphasis on Times Square and retail on the High Streets.
Steve Roth, who built Vornado Realty Trust into a New York mega-landlord, underwent heart surgery in early August and spent the rest of the month on medical leave, intensifying questions about the firm's succession plans.
L.P. and Vornado Realty Trust (VNO). The three partners paid $6.6 billion in a highly leveraged transaction that was a typical private equity deal of the era, with the exception of the involvement of a public REIT.
Vornado Realty Trust (VNO) is an interesting player in the Financial space, with a focus on REIT - Diversified. The stock has been active on the tape, currently trading at $73.83, up from yesterday's close by 0.63%.
Vornado Realty Trust stands to benefit from capital losses it is likely to sustain as a result of its investment in Toys “R” Us Inc.—a silver lining to the big-box toy retailer's recent bankruptcy filing.