REIT Vornado Realty projects lower 1st-qtr funds from operations; higher revenue

October 4th, 2009 NEW DELHI - India's realty industry is all set to be lit up this Diwali. The pointers: At least 12 public offerings, a slew of new projects and the return of private equity funds that had turned away proposals due to the global slowdown last year.

September 29th, 2009 NEW DELHI - With the housing market slowly picking up, realty major Omaxe Ltd is planning to launch four projects shortly, a top official said here Tuesday. "We are planning to launch four projects in the next two to three months with an investment of about Rs.1,500 crore," Rohtash Goel, chairman and managing director of Omaxe, told reporters on the sidelines an event here.

August 11th, 2009 Healthcare Realty Trust 2Q FFO jumps 35 percentNASHVILLE, Tenn. —Healthcare Realty Trust Inc.

July 10th, 2009 Healthcare Realty Trust joins S&P SmallCap 600NEW YORK — Healthcare Realty Trust Inc. will replace truck-trailer manufacturer Wabash National Corp.

July 7th, 2009 Report: Vornado mulls creating private equity fundCHICAGO — Office landlord Vornado Realty Trust is hoping to launch its own private equity fund to buy bargain-basement properties, according to a report published Tuesday. The Paramus, N.J., company is meeting with investors, hoping to raise $1 billion for its venture, tentatively called Vornado Capital Partners LP, according to The Wall Street Journal.

July 7th, 2009 Timber company Weyerhaeuser slashes dividendNEW YORK — Weyerhaeuser Co., which has been hemorrhaging cash because of the moribund U.S. housing market, said Tuesday it is cutting its quarterly dividend again, this time by 80 percent.

June 29th, 2009 Weingarten Realty expands, extends tender offerHOUSTON — Real estate investment trust Weingarten Realty Investors said Monday it has expanded an offer to repurchase outstanding notes to a total $325 million, and extended the time it's giving investors to decide on the maximum tender offer. The new total is nearly $78 million higher than the the amount specified in the original June 1 offer to exchange convertible notes due in 2026, Houston-based Weingarten Realty said.

June 18th, 2009 Judge approves bid for Filene's BasementNEW YORK — A judge on Wednesday approved Syms Corp. and Vornado Realty Trust's bid for discount chain Filene's Basement Inc., opened a century ago as the discount section of the New England department store chain Filene's.

June 15th, 2009 NEW DELHI - Taking a cue from the other realty companies like Unitech and DLF, Ansal Properties and Infrastructure, part of the Ansal API group, will raise up to Rs.1,500 crore by way of qualified institutional placement (QIP), the company said Monday. "The board of directors at its meeting held on Monday has decided to seek the approval of shareholders to issue equity shares, to resident and non-resident qualified institutional buyers by way of QIP for raising a sum of up to Rs.1,500 crore," the company said in a statement.

June 15th, 2009 Syms, Vornado to buy Filene's BasementNEW YORK — Discount retailer Syms Corp. and Vornado Realty Trust won an auction for the discount chain Filene's Basement, a Filene's executive said Monday.

May 25th, 2009 NEW DELHI - Taking cue from the other realty majors, the board of real estate firm Parsvnath Developers Monday approved a proposal to raise up to Rs.2,500 crore (Rs.25 billion/$529 million) through qualified institutional placement (QIP). "The board has decided to raise funds by various means, including through issuance of further securities to persons other than the existing equity shareholders of the company and also by way of QIP to qualified institutional buyers (QIB) for raising a sum of up to Rs.2,500 crore," Parsvnath said in a regulatory statement.

May 17th, 2009 NEW DELHI - India's realtors, one of the worst-hit by the slowdown, believes the sector will get more attention under the new government given its professed thrust on infrastructure. Anuj Puri, chairman and country head of realty consultancy Jones Lang LaSalle Meghraj, says the industry can expect the broad reform agenda would continue under the next United Progressive Alliance (UPA) government and the realty sector to benefit.

April 22nd, 2009 Vornado Realty begins public stock offeringPARAMUS, N.J. — Real estate investment trust Vornado Realty Trust, which operates office and retail properties, said Wednesday it began a public offering of 15 million common shares priced at $43 a share.

January 26th, 2009 NEW DELHI - After the government, it is now the turn of banks and private equity funds to urge developers to reduce property prices. According to bankers, the demand is still there in the housing segment, but the soaring property prices are keeping customers away.

January 13th, 2009 NEW DELHI - The influx of foreign investments is responsible for the 'sky high' land prices and should be discouraged in the realty sector, a leading domestic developer said here Wednesday. 'The foreign investments have done no good to the sector.