VORNADO REALTY TRUST (NYSE:VNO) Files An 8-K Other Events
Item 8.01 Other Events.
On June26, 2017, Vornado Realty Trust (Vornado) issued a press
release announcing that its board of trustees has set a record
date of July7, 2017 (the Record Date) for the previously
announced spin-off of JBG SMITH Properties (JBG SMITH), a
subsidiary of Vornado, which will hold Vornados Washington, DC
business, currently known as Vornado/Charles E. Smith, and which,
immediately following the spin-off, will be combined with the
operating company and certain assets of The JBG Companies.
Vornado will distribute one common share of JBG SMITH for every
two common shares of Vornado held by Vornado shareholders of
record as of the Record Date, and immediately prior to such
distribution, Vornado Realty L.P. (VRLP), Vornados operating
partnership, will distribute one common limited partnership unit
of JBG SMITH Properties LP, JBG SMITHs operating partnership, for
every two common limited partnership units of VRLP held by VRLP
unitholders of record as of the Record Date. The distribution of
JBG SMITH common shares and JBG SMITH Properties LP common
limited partnership units is expected to occur on July17, 2017.
The press release announcing certain details of the distribution
of JBG SMITH common shares and JBG SMITH Properties LP common
limited partnership units is filed as Exhibit99.1 to this Current
Report on Form8-K and incorporated herein by reference.
Item 9.01. Financial Statements and
Exhibits.
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(d) |
Exhibits. |
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99.1 Press Release of Vornado Realty Trust, dated June26, |
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
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VORNADO REALTY TRUST |
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(Registrant) |
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By: |
/s/ Matthew Iocco |
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Name: |
Matthew Iocco |
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Title: |
Chief Accounting Officer (duly authorized officer and |
Date: June26, 2017
VORNADO REALTY TRUST ExhibitEX-99.1 2 a17-15732_1ex99d1.htm EX-99.1 Exhibit 99.1 CONTACT: JOSEPH MACNOW (201) 587-1000 210 Route 4 East Paramus,…To view the full exhibit click here About VORNADO REALTY TRUST (NYSE:VNO)
Vornado Realty Trust is a fully integrated real estate investment trust (REIT). The Company conducts its business through, and its interests in properties are held by, Vornado Realty L.P. (the Operating Partnership). It is the sole general partner of, and owns common limited partnership interest in the Operating Partnership. Its segments include New York and Washington, DC. The New York segment consists of approximately 29.3 million square feet in over 80 properties. The Washington, DC segment consists of over 70 properties aggregating approximately 20 million square feet, which consists of over 15.8 million square feet of office space in over 60 properties, seven residential properties containing over 2,410 units and a hotel property. It also owns approximately 3.6 million square foot Mart (theMart) in Chicago; interest in 555 California Street; interest in Vornado Capital Partners, its real estate fund; interest in Toys “R” Us, Inc., and other real estate and other investments.