Vornado Realty Trust：沃纳多房地产信托（VNO）：2025年第一季度模型更新：聚焦PENN 2租赁（以及净营业收入/FFO贡献）-20250529

Following 1Q25 earnings, we provide earnings call takeaways, update model and price target, and show valuation trends. For additional office insight, we are hosting meetings with HPP (on 6/3) and KRC (on 6/4) as part of NAREIT in NYC, and a separate group event with Tishman Speyer on June 10 in NYC. Please be in touch if you would like to join. Earnings call takeaways See our VNO 1Q25 First Take for details on the quarter. We highlight the following key takeaways from the earnings call: Vornado Realty Trust ...