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...“It’s owned by RFR Realty, but originally it was built by Mel and Bob Kaufman, which is Sage Realty, which used to be partners with Howard Ronson, and they got into a big fight....
...New York-based Vornado Realty Trust wrote down its share of 650 Madison Avenue by about a third at the end of last year....
...Speaking to investors in February, Steven Roth, chief executive of Vornado Realty Trust, one of New York’s largest office landlords, conceded that the five-day work week was finished....
...UBSO: 6; L: 7; I: 7; Total: 20The legal team at the bank advised on the sale of UBS and Mitsubishi’s joint venture, Mitsubishi Corp-UBS Realty, to global investment fund KKR for $2bn....
...On an earnings call last week, Steven Roth, chief executive of Vornado Realty Trust, acknowledged that hybrid working would not be a passing phenomenon, telling analysts: “I think you can assume that Friday...
...Equinix and Digital Realty are some of the biggest real estate investment trusts in Europe....
...Tishman Speyer, one of New York’s largest commercial property developers, had previously secured pharmaceuticals company Pfizer as its anchor tenant for the Spiral....
...One of the investors in the Cerberus group is Kimco Realty....
...The real estate group is acquiring Duke Realty for $25.6bn, including debt. Under the terms of the all-stock deal, Duke shareholders will receive 0.475 of a Prologis share for each of theirs....
...Teraco is the industry leader in South Africa and the continent’s connectivity hub,” said A William Stein, Digital Realty’s chief executive....
...News round-up McKinsey’s Bob Sternfels: ‘We’re OK if you don’t agree with us’ (FT) Prologis to buy Duke Realty in $26bn deal (WSJ) Gorman reassures on US economy as markets shudder (FT) BP sells stake...
...Who Luxury Portfolio International, Illustrated Properties Real Estate, Inc Estate, Plantation Key, $13.999m Where In Plantation Key, part of the Upper Keys, south of Key Largo....
...Shares in Empire State Realty Trust, owner of the art deco masterpiece that is New York’s most famous skyscraper, have fallen 35 per cent since the coronavirus arrived in the city in February last year....
...He launched a Tishman flexible office product, Studio, to compete with WeWork....
...Scott Rechler, chief executive of RXR Realty, had just finalised a white paper for one of New York’s largest office developers when the coronavirus pandemic shut down the city....
...“Many homeowners have decided not to rent and instead use their homes,” said Dana Trotter, with Sotheby’s International Realty in Bridgehampton, which has a short-term letting business....
...Robinhood raises $2.4bn in second cash injection in four days https://www.ft.com/content/790324e0-8526-4d9e-9717-a4430e1be034 Robinhood’s bid to ‘democratise trading’ checked by Wall Street realties www.ft.com...
...The one-acre plot in the Shoreditch district, owned by the London Stock Exchange, has attracted interest from the Canary Wharf Group, US investor Tishman Speyer and developer Helical; bids have spiralled...
...In an earnings call with investors earlier this year, Anthony Malkin, chairman and chief executive of Empire State Realty, cited Mr McGuire as the sort of sensible figure the city’s real estate industry...
...Digital Realty, a data centre Reit, paid out about 73 per cent of its cash flow in dividends....
...Jordan Robins, executive vice president and COO of First Capital Realty Inc, which is involved in the retail development of East Bayside, is impressed by forward-looking developers who are willing to commit...
...No wonder Equinix and Digital Realty are battling over the less developed European market....
...As part of a deal with Forever 21 after the company filed for Chapter 11 bankruptcy protection, Vornado Realty Trust more than halved the $20m in annual rent it had been demanding for the celebrated site...
...Toys R Us ultimately toppled under the weight of its $5bn debt burden, a legacy of its leveraged buyout in 2005 by KKR, Bain Capital and Vornado Realty Trust, yet it also struggled with rapidly changing...
...Mr Meyer, who is chief financial officer of the JVM Realty corporation, an investment firm specialising in real estate, has served on the board sine 2010 and as chairman since 2017....
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