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Vornado's odd outside bets weigh heavy on its shares.
In: Crain's New York Business, Jg. 26 (2010-11-01), Heft 44, S. 2-3
Online
serialPeriodical
Zugriff:
The article reports on Vornado Realty Trust, New York's publicly traded landlord, which is stated to be following an unconventional investment strategy compared with other real estate investment trusts. During 2010, Vornado has purchased the ground lease on an Atlantic City casino, a 26% share of mortgage-servicer LNR and a 10% stake in retailer J.C. Penney Co. Inc. According to analysts, such strategies are expected to strengthen Vornado's long-term prospects in its core operations.
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Vornado's odd outside bets weigh heavy on its shares.
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Autor/in / Beteiligte Person: | AGOVINO, THERESA |
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Zeitschrift: | Crain's New York Business, Jg. 26 (2010-11-01), Heft 44, S. 2-3 |
Veröffentlichung: | 2010 |
Medientyp: | serialPeriodical |
ISSN: | 8756-789X (print) |
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