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Business Description:
Vornado Realty Trust operates in the Real estate investment trusts sector. Vornado Realty Trust (Vornado) is an integrated real estate investment trust (REIT). Vornado conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L.P., a limited partnership (the Operating Partnership). As of December 31, 2010, the Company was the sole general partner of, and owned approximately 93.2% of the common limited partnership interest in the Operating Partnership. It operates through five business segments: New York Office Properties; Washington, DC Office Properties; Retail Properties; Merchandise Mart Properties, and Toys R Us (Toys). It also has a other segment. On October 20, 2010, it sold a 45% ownership interest in 1299 Pennsylvania Avenue. On January 12, 2011, it sold 1140 Connecticut Avenue. On December 23, 2011, the Company acquired 97.5% interest in 1399 New York Avenue. In January 2012, the Company sold 350 West Mart Center.
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Stock Data: |
Recent Stock Performance: |
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Current Price (2/3/2012):
86.01
(Figures in
U.S. Dollars) |
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1 Week |
6.2% |
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13 Weeks |
11.8% |
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4 Weeks |
6.8% |
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52 Weeks |
-0.2% |
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Vornado Realty Trust
Key Data: |
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Ticker: |
VNO |
Country: |
UNITED STATES |
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Exchanges: |
NYSE FRA |
Major Industry: |
Financial |
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Sub Industry: |
Real Estate Investment Trust Co. |
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2010
Sales |
2,779,727,000
(Year Ending Jan 2011). |
Employees: |
4,780 |
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Currency: |
U.S. Dollars |
Market Cap: |
15,868,504,228 |
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Fiscal Yr Ends: |
December |
Shares Outstanding: |
184,496,038 |
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Share Type: |
Common |
Closely Held Shares: |
20,274,533 |
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CorporateInformation® website and selected data Copyright © 2000 -
by The Winthrop Corporation. All Rights Reserved. Except for quotations by established
news media, no pages on this site may be reproduced, stored in a retrieval system,
or transmitted for commercial purposes, in any form or by any means, electronic,
mechanical, photocopying, recording, or otherwise without prior written permission.
Information is believed reliable, but accuracy, completeness and opinions are not
guaranteed.
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