NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (the “Company”) (NYSE: SLG) announced today that it priced an underwritten public offering of 5,063,291 shares of its common stock, par value $0.01 per share (the “Common Stock”), at a price to the public of $79.00 per share. In connection with the offering, the Company has granted the underwriters an option to purchase up to an additional 759,493 shares of Common Stock during the next 30 days. The offering is expected to close on November 25 ...

NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (the “Company”) (NYSE: SLG) announced today the commencement of an underwritten public offering of $400,000,000.00 of shares of its common stock, par value $0.01 per share (the “Common Stock”). In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional $60,000,000.00 of shares of Common Stock. The Company intends to use net proceeds from the offering for general corpora ...

SL Green Realty (SLG) recently announced closing on a modification and extension for the $742.8 million mortgage on 54-story office tower, 1515 Broadway. As a result, the maturity date has been extended by three years to March 2028, while the interest rate remains unchanged at 3.93%.This strategic move enhances SL Green’s debt maturity profile. It offers SL Green and its partners the essential time and flexibility required to pursue projects like Caesars Palace Times Square. This project will bring the worl ...

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has closed on a modification and extension of the $742.8 million mortgage on 1515 Broadway. The modification extended the maturity date by three years, as fully extended, to March 2028 and the interest rate was maintained at 3.93%. “This is another successful step in executing our plan to extend our debt maturity profile and reflects the strength of the Midtown Manhatta ...

Shares of SL Green Realty (SLG) have risen 23.6% in the past three months compared with the industry's upside of 0.8%.Last month, this New York-based office real estate investment trust (REIT) reported a third-quarter 2024 FFO per share of $1.13, which missed the Zacks Consensus Estimate of $1.21. Results reflected decent leasing activity in its Manhattan portfolio and higher rental revenues.Analysts seem bullish on this Zacks Rank #3 (Hold) company, with the Zacks Consensus Estimate for its fourth-quarter ...

商业房地产投资 - 公司拥有纽约大都会区主要位于曼哈顿的商业房地产投资[190] - 公司拥有24栋合并报表的商业物业,总面积约1,051.97万平方英尺,平均出租率89.3%[191] - 公司还拥有13栋非合并报表的商业物业,总面积约1,440.76万平方英尺[191] - 公司还拥有2栋住宅物业,总面积约36.23万平方英尺,平均出租率99%[191] 租金收入 - 租金收入同比增长3.9%,达到1.57亿美元,主要由于收购10 East 53rd Street物业带来的贡献[194,195] - 同店物业租金收入略有下降,主要由于555 West 57th Street物业空置率上升[198] - 曼哈顿和郊区物业在2024年9月30日止9个月内新租赁活动情况:新租赁面积951,581平方英尺,新租金每平方英尺$89.22,较前期租金每平方英尺$88.10有所上升[213] 运营业绩 - 净亏损9.3百万美元,同比减亏57.1%,主要由于出售物业收益增加[196] - SUMMIT运营商收入增长3.7%至3.64亿美元,运营成本增长15.5%至3.79亿美元[195,196] - SUMMIT运营收入增加,主要由于参观人数增加[214] - SUMMIT运营费用增加,主要由于参观人数增加导致相关可变费用上升[219] - SUMMIT运营税费支出增加,主要由于2023年实际税费低于预提金额的调整[220] 财务数据 - 公司总收入为6.404亿美元，同比下降8.8%[209] - 租金收入为4.491亿美元，同比下降15.6%[209] - SUMMIT运营收入为9.46亿美元，同比增长14.0%[209] - 投资收入为1.89亿美元，同比下降32.0%[209] - 其他收入为7.3亿美元，同比增长23.5%[209] - 物业运营费用为2.531亿美元，同比下降10.0%[209] - SUMMIT运营费用为8.29亿美元，同比增长8.7%[209] - 市场营销及管理费用为6.24亿美元，同比下降9.7%[209] 资产处置和公允价值调整 - 公司录得7.3百万美元的出售物业收益[207] - 公司录得21.9百万美元的公允价值调整收益[207] - 2024年9月30日结束的9个月内确认了10 East 53rd Street合并的负公允价值调整(5570万美元)和未指定为套期会计的衍生工具的负公允价值调整(260万美元)，部分被One Madison Avenue先前出售权益相关担保借款的正公允价值调整(2190万美元)所抵消[224] - 2024年9月30日结束的9个月内确认了Palisades Premier Conference Center出售的收益(730万美元)和719 Seventh Avenue出售的损失(210万美元)[225] 资本结构 - 公司发行的普通股股份数为338,704股[241] - 公司在2022年4月获董事会批准、6月获股东大会批准修订了2005年股票期权和激励计划，最多可授予32,210,000个可兑换单位[242] - 公司在2024年9月30日的未偿债务总额为38.34亿美元，其中85.8%为固定利率债务[245] - 公司2021年信贷额度包括10.5亿美元的定期贷款A、2亿美元的定期贷款B和12.5亿美元的循环信贷额度[246] - 公司的债务和优先股投资等可变利率资产为1.095亿美元，可抵消部分未对冲的可变利率债务[245] 股息政策 - 公司预计将根据从运营合伙企业获得的分配来支付股东股息[251] - 公司维持REIT资格需支付不低于90%的REIT应税收益作为股息[251] 保险 - 公司拥有两家保险公司提供核生化辐射恐怖袭击以外的全风险财产和租金价值保险[253] - 部分物业的保险由第三方承保，公司无法完全控制保险范围[253] 财务报告指标 - 公司计算FFO时遵循NAREIT的标准，但可能与其他REIT公司的计算方式不同[254] - 2024年第三季度和前九个月的FFO分别为7,855.4万美元和43,793.9万美元[256] - 2023年第三季度和前九个月的FFO分别为8,773.9万美元和29,164.8万美元[256] - 公司业务存在一定季节性波动，第三季度收入占全年的28%-30%[257] 内部控制和披露 - 公司投资于部分未合并实体，对这些实体的披露控制和程序相对有限[264,266] - 公司管理层认为公司的披露控制和程序在报告期内保持有效[264,266] - 报告期内公司的内部控制未发生重大变化[265,267] - 截至2024年9月30日,公司未涉及任何重大诉讼[268] - 公司在2024年9月30日季度内部控制未发生重大变化[265][267] - 公司维持有效的信息披露控制和程序，能够及时收集、评估和披露潜在需要披露的信息[266] - 公司及其运营合伙企业在2024年9月30日季度内部控制未发生重大变化[267] - 截至2024年9月30日,公司及其运营合伙企业未涉及任何重大诉讼[268]

NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattan's largest office landlord, today announced that it has signed a 72,515 square foot, 10-year lease with leading hedge fund Verition Group NY, Inc., raising occupancy in the building to 92.5%. Verition will expand its footprint in the building by 34,413 square feet, relocating from the 35th floor to the entire 14th and 15th floors. This transaction increases SL Green's office leases signed year to date to 3,002,971 square ...

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财务数据和关键指标变化 - 公司第三季度同店现金净运营收益同比增长2.9% [31][32] - 公司预计全年同店租赁率将达到92.5%,创历史新高 [12] 各条业务线数据和关键指标变化 - 公司的Summit One Vanderbilt景点已接待近600万游客,成为纽约市的热门旅游目的地 [7] - 公司在麦迪逊大道开发的阿玛尼旗舰店和公寓项目已全部售罄,带动了该区域的奢侈品零售业复苏 [9] 各个市场数据和关键指标变化 - 公司在第三大道和第六大道等次级市场的租赁活动强劲,租金水平有望在明年大幅上涨 [39][40][41] - 公司预计未来5-7年内,纽约市将有超过2500万平方英尺的办公楼改建为住宅项目 [86][87][88][89] 公司战略和发展方向及行业竞争 - 公司重新进入债务和优先股投资业务,并计划在第四季度完成首次债务基金的融资 [9][49][50][51] - 公司计划在全球范围内复制Summit One Vanderbilt的成功经验,首个海外项目将落地巴黎 [8] 管理层对经营环境和未来前景的评论 - 公司认为纽约市已经走出低谷,市场需求正在恢复,公司的资产组合已做好充分准备 [6][13] - 管理层对公司未来发展前景表示乐观,预计2025年将是公司的重要一年 [68][69] 其他重要信息 - 公司完成了一项92.5万平方英尺的Bloomberg续租和扩租交易,体现了公司与优质租户的良好合作关系 [11] - 公司计划在今年第四季度完成超过5亿美元的资产出售,为未来发展提供资金支持 [61][62] 问答环节重要的提问和回答 问题1 **John Kim 提问** 询问Bloomberg续租和扩租交易的具体情况,包括租金水平和租赁优惠 [15][16] **Steve Durels 回答** 由于保密协议,无法透露具体租金和优惠信息,但交易体现了公司与优质租户的良好合作关系 [16] 问题2 **Marc Holliday 回答** 公司未来将采取多种方式筹集资金,包括资产出售、债务基金、股权融资等,以支持公司的发展战略 [60][61][62] 问题3 **Steve Durels 回答** 公司预计未来租金水平将先于租赁优惠有所改善,首先会缩短免租期,之后再逐步减少租赁优惠 [39][40][41][92][93]