Tag Archives: Urban Edge Properties Spinoff

Mr. Vornado (VNO) Exits Washington – JBG Smith Properties Spinoff On Track For Q2

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New York, New York. It’s a tune Vornado Realty Trust (VNO) shareholders should get used to humming once the company’s upcoming Washington DC property spinoff is completed. The spinoff will actually be executed via Reverse Morris Trust, with the company spinning out its properties into a separate entity and subsequently merging them into the privately held JBG Properties.… Read More »

Vornado Realty Approves Spinoff of Strip Mall Business Urban Edge Properties

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It’s amazing how much stuff gets done on December 23rd because no one wants to work during the holidays. That includes corporate boards, such as the one at Vornado Realty Trust (VNO) which approved the spinoff of the majority of its retail strip malls, Urban Edge Properties. The distribution is expected to take place on January 15th to… Read More »