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...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....
...The company is now considering a global rollout....
...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....
...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....
..., the companies said....
...That’s code for the company is unable to meet its obligations....
...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....
...“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...
...Digital Realty, a data centre Reit, paid out about 73 per cent of its cash flow in dividends....
...Having said that, the growth of the global datacentre companies is a real trend. Take two of the top specialists, Equinix and Digital Realty....
...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...
...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...
...“There is no host in Athens with 1,000 listings,” says the company. It calculates that 83 per cent of host accounts in Athens have only one entire-home listing....
...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....
...An attempt by US online real estate company Zillow to winnow serious buyers from among casual browsers has cost the company a quarter of its market value. Changing the business model was good....
...(NYT) News Round-Up Osram/Bain/Carlyle: sensor proportion (FT) Moody’s warns Merlin’s £6bn take private deal could lead to downgrade (FT) Axa Investment to buy New York-listed Northstar Realty (FT)...
...They’re simply the best at what they do,” said Craig Deitelzweig, chief executive of New York-based Marx Realty....
...The scramble to find such space has benefited companies such as Equinix and Digital Realty Trust, the two largest independent co-located datacentre companies....
...Vornado Realty Trust, which was an equal partner with Bain and KKR in the 2005 buyout, has refused to answer workers’ emails, the Financial Times reported earlier this year....
...Now, some family members feel cheated by the agreed $11.4bn sale in July of their corporate flagship, Cleveland-based Forest City Realty Trust, to Canada’s Brookfield Asset Management....
...Brookfield Asset Management has agreed to buy Forest City Realty Trust for $11.4bn, in a deal that will see the Canadian-listed asset manager swallow the once-powerful New York property developer built by...
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