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0 0 0.0204081632653061 -0.00387496770860239 -0.00477912684060972 0.00749160423663134 0.00426246447946265 0.0191165073624387
Stock impact report

SL Green and Mori Building Co., Ltd. Complete Investment in One Vanderbilt Avenue

SL Green Realty Corp (SLG) 
Last sl green realty corp earnings: 4/22 05:01 pm Check Earnings Report
US:NYSE Investor Relations: slgreen.gcs-web.com/investor-relations
Company Research Source: GlobeNewswire
NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE:SLG), New York’s largest owner of office properties, today announced that it closed on the sale of an 11.0% interest in One Vanderbilt Avenue to Mori Building Co., Ltd, Japan’s leading urban landscape developer. The investment was completed at a gross valuation of $4.7 billion for the iconic property. After completion of the transaction, SLG maintains a 60.0% stake in One Vanderbilt Avenue. “One Vanderbilt is a globally-renowned and architecturally celebrated modern development, which has continued to demonstrate that well-located, highly amenitized and sustainable buildings will attract premier tenants and prestigious investors,” said Marc Holliday, Chairman and CEO of SL Green Realty Corp. “We are honored to welcome Mori Building Co., Ltd. into the ownership venture of One Vanderbilt Avenue.” “We are excited about joining the ownership venture of One Vanderbilt Avenue, a modern landmark in Manhattan, and the Show less Read more
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