Should You Retain Vornado Realty Stock in Your Portfolio Now?
Vornado(VNO) ZACKS·2024-11-30 02:26
Vornado Realty Trust’s (VNO) ability to cater to the rising demand for premier office spaces with class-apart amenities is likely to drive leasing activity. Its portfolio-repositioning efforts also augur well. A healthy balance sheet position supports the company’s growth endeavors. However, ongoing choppiness in the office real estate market, geographic concentration of assets and competition raise concerns.This month, the office real estate investment trust (REIT) company reported third-quarter 2024 funds ...