NYSE:VNOOffice REITs
Will Refinancing One Park Avenue Boost Vornado Realty Trust's (VNO) Balance Sheet Flexibility Narrative?
Vornado Realty Trust recently reported its fourth-quarter and full-year 2025 results, showing largely stable revenue year over year, completed a US$525 million refinancing of its One Park Avenue Manhattan office property, continued repurchasing shares, and declared quarterly preferred dividends payable on April 1, 2026.
A sharp rise in full-year net income and earnings per share from continuing operations, alongside refinancing that extends debt maturity to 2031, has reinforced perceptions...
