Hints and tips:
...“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....
...SL Green will sell the 49.9 per cent stake in Manhattan’s 245 Park Avenue building to Japan’s Mori Trust, supplying much-needed cash to the real estate investment trust....
...The group has committed to spend more than $8bn to build data centres for several large-scale technology companies, according to two sources familiar with the matter, using QTS Realty Trust, a company it...
...Hot on his heels comes Macklowe with the 426 metre 432 Park Avenue, and then Steve Roth, the bruising head of Vornado Realty Trust, and Michael Stern, a wunderkind with a mysterious past....
...Lender Arbor Realty Trust foreclosed on the properties in April....
...New York-based Vornado Realty Trust wrote down its share of 650 Madison Avenue by about a third at the end of last year....
...Blackstone Group bought Kansas-headquartered QTS Realty Trust for $10bn last year while KKR and GI Partners acquired Texas-based CyrusOne for $15bn in March....
...Much of the funding would come from the construction of 10 towers around the station on plots owned by a property developer, Vornado Realty Trust....
...so-called Lipstick Building at 885 Third Avenue for SL Green Realty; and the McGraw Hill Building on 42nd Street for Resolution Real Estate Partners....
...Last year Blackstone bought QTS Realty Trust for about $10bn, at the time the largest deal in data centre history....
...The gardens can still be visited as they are maintained, without naked women, by the National Trust....
...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....
...“The lockdowns really focused people on their property,” says Roarie Scarisbrick, partner at Property Vision, an independent adviser to private clients and family trusts buying in the UK....
...While it is unlikely that an influx of millionaires will see Via Appia Antica return to its former glories, a resurgence in trust could mark an upturn in the ancient street’s fortunes....
...(FT) News round-up CVC in talks to set up $4bn global tennis group (FT) Barclay family settles dispute over bugging at Ritz (FT) Blackstone to buy datacentre operator QTS realty trust for $6.7bn (Wall...
...More than a third of top-quality US malls have cinemas, according to estimates from Green Street advisers....
...Trump owes $447m as part of his partnership with Vornado Realty Trust, on towers in New York and San Francisco Mr Trump owns 30 per cent of 1290 Avenue of the Americas in New York City and 555 California...
...He said the listed Reits in the sector could have to cut their dividends and forecast net operating income would decline more than 40 per cent this year at Site Centers, Acadia Realty Trust and Retail Properties...
...You can remember that, but you may never have heard of “Chase Manhattan Mortgage & Realty Trust”, or “Chase Reit” as it was known....
...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...
...Digital Realty Trust Sector: technology / HQ: San Francisco, US Key stat: The 49.6MW running through DRT’s 275 data centres is enough electricity to power a city the size of Santa Barbara....
...Crown and Qatar Investment Authority will each acquire a 24 per cent stake in a portfolio of properties controlled by Vornado Realty Trust which they estimate to be worth $5.6bn....
...The scramble to find such space has benefited companies such as Equinix and Digital Realty Trust, the two largest independent co-located datacentre companies....
...In China, a frenzy of real estate speculation has led to millions of empty new-build apartments and to street protests over price drops....
...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....
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