Vornado

New York, United States Founded: 1980 • Age: 46 yrs
Diversified equity REIT that invests in office, industrial, and commercial real estate properties
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About Vornado

Vornado is a company based in New York (United States) founded in 1980.. The company has 3,000 employees as of December 31, 2024. Vornado has completed 1 acquisition, including Toys"R"Us. Vornado offers products and services including Office Properties, Retail Assets, and Marketplaces. Vornado operates in a competitive market with competitors including Arbor Realty Trust, Griffin Capital Company, Americold, CoreCivic and Four Springs Capital Trust, among others.

  • Headquarter New York, United States
  • Employees 3000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Legal Name Vornado Realty Trust
Operational Areas
Financial Services → Private Capital & Alternative Investments
Key Metrics
  • Annual Revenue
    $1.79 B
    -1.3
    as on Dec 31, 2024
  • Net Profit
    $70.39 M
    -33.28
    as on Dec 31, 2024
  • EBITDA
    $693.49 M
    -28.72
    as on Dec 31, 2024
  • Latest Funding Round
    $1.5 B (USD), Debt – Conventional

    Mar 26, 2019

  • Investors
  • Employee Count
    3000

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Vornado

Vornado is a publicly listed company on the NYSE with ticker symbol VNO in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: VNO . Sector: Finance · USA

Products & Services of Vornado

Vornado offers a comprehensive portfolio of products and services, including Office Properties, Retail Assets, and Marketplaces. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Management of prime urban office spaces for leasing and operations

Operation of street retail properties for commercial tenants

Development and management of commercial marketplaces in key locations

People of Vornado
Headcount 500-1000
Employee Profiles 117
Employee Profiles
People
Glen J. Weiss
Executive Vice President - Office Leasing, Co-Head of Real Estate
People
Haim Chera
Executive Vice President - Head of Retail
People
Frank Maiorano
Head of Tax & Compliance
People
Richard Famularo
Controller

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Funding Insights of Vornado

  • Total Funding
  • Total Rounds 4
  • Last Round Debt – Conventional — $1.5B
  • First Round

    (07 Dec 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2019 Amount Debt – Conventional - Vornado Valuation

investors

Nov, 2018 Amount Debt – Conventional - Vornado Valuation

investors

Jun, 2018 Amount Debt – Conventional - Vornado Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Vornado

Vornado has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Goldman Sachs. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Vornado

Vornado has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Toys"R"Us. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Internet first brand of baby toys, learning kits, and kids arts & crafts items
1948
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Vornado

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Vornado Comparisons

Employees
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Competitors of Vornado

Vornado operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Arbor Realty Trust, Griffin Capital Company, Americold, CoreCivic and Four Springs Capital Trust, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
REIT that invests in multifamily and commercial real estate industries
domain founded_year HQ Location
Wealth management firm & equity REIT investing in healthcare, office, industrial & retail properties
domain founded_year HQ Location
Temperature-controlled warehousing and logistics services are provided globally.
domain founded_year HQ Location
REIT that invests in commercial properties like correctional, detention and residential re-entry facilities
domain founded_year HQ Location
REIT focused on acquisition underwriting and cash flow management
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Vornado

Frequently Asked Questions about Vornado

When was Vornado founded?

Vornado was founded in 1980 and raised its 1st funding round 36 years after it was founded.

Where is Vornado located?

Vornado is headquartered in New York, United States. It is registered at New York, New York, United States.

How many employees does Vornado have?

As of Dec 31, 2024, the latest employee count at Vornado is 3,000.

What is the annual revenue of Vornado?

Annual revenue of Vornado is $1.79B as on Dec 31, 2024.

What does Vornado do?

Vornado was founded in 1980 and is headquartered in New York, United States. Operations are conducted as a diversified equity real estate investment trust (REIT) focused on the acquisition, ownership, and management of properties. Investments are directed toward office buildings, industrial facilities, and commercial spaces across various markets. The portfolio is maintained to generate rental income and long-term value through strategic real estate holdings in key urban areas.

Who are the top competitors of Vornado?

Vornado's top competitors include Americold, Griffin Capital Company and Arbor Realty Trust.

What products or services does Vornado offer?

Vornado offers Office Properties, Retail Assets, and Marketplaces.

Is Vornado publicly traded?

Yes, Vornado is publicly traded on NYSE under the ticker symbol VNO.

How many acquisitions has Vornado made?

Vornado has made 1 acquisition, including Toys"R"Us.

Who are Vornado's investors?

Vornado has 1 investor. Key investors include Goldman Sachs.

What is Vornado's ticker symbol?

The ticker symbol of Vornado is VNO on NYSE.

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