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Should You Retain Vornado Realty (VNO) in Your Portfolio Now?
VNOVornado(VNO) ZACKS·2024-08-12 17:46

Vornado Realty Trust (VNO) boasts a concentration of high-quality office properties strategically located in markets of New York, Chicago and San Francisco. It is poised to benefit from tenants' healthy demand for premier office spaces with class-apart amenities. However, the overall choppy office real estate landscape and a high interest rate environment raise concerns for the company. What's Aiding VNO? Vornado's focus on having assets in a few select high-rent, high-barrier-to-entry markets, along with a ...