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Article: Vornado Realty Trust earnings increase 42pc.
- Article from:
- Australasian Business Intelligence
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: David Levitt
Nov 04, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Vornado Realty Trust reported net income of $US126.3m for the third quarter of 2009, compared with $US22.7m for the previous correspond period. The real estate investment trust's rental revenue from its portfolio of commercial properties totalled $US550m, and was bolstered by strong growth in rental income from its ...