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VORNADO REALTY TRUST (VNO)
NYSE · Finance, Insurance & Real Estate · Real Estate Investment Trusts
Core research established · 4/4 core data layers currently established
What VORNADO REALTY TRUST does
Vornado is a fully‑integrated REIT and conducts its business through, and substantially all of its interests in properties are held by, the Operating Partnership, a Delaware limited partnership. Accordingly, Vornado’s cash flow and ability to pay dividends to its shareholders are dependent upon the cash flow of the Operating Partnership and the ability of its direct and indirect subsidiaries to first satisfy their obligations to creditors. Vornado is the sole general partner of and owned approximately 91.3% of the common limited partnership interest in the Operating Partnership as of December 31, 2025.
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