Welcome to our dedicated page for Sl Green Rlty news (Ticker: SLG), a resource for investors and traders seeking the latest updates and insights on Sl Green Rlty stock.
SL Green Realty Corp. (NYSE: SLG) is a fully integrated REIT that describes itself as Manhattan’s largest office landlord, with a portfolio focused on commercial properties in New York City. The news flow around SL Green often centers on Manhattan office leasing, acquisitions and dispositions of major towers, and financing transactions tied to its properties and credit investments.
On this page, readers can follow company announcements about transactions such as the acquisition of Park Avenue Tower, joint venture arrangements at 100 Park Avenue, and consolidation of ownership at 800 Third Avenue. SL Green also reports on contracts to purchase development sites like 346 Madison Avenue and adjacent parcels, highlighting its ongoing activity in Midtown Manhattan and along Park Avenue.
Regular updates include leasing milestones across the Manhattan office portfolio, with details on new leases, expansions and renewals for tenants in sectors such as financial services, professional services and technology. The company also issues press releases on office leasing volume, same-store occupancy targets and notable tenant commitments at buildings including One Madison Avenue, 11 Madison Avenue, 245 Park Avenue, 280 Park Avenue, 1185 Avenue of the Americas and others.
Investors can also see capital markets and corporate news, including refinancings of large office assets, the launch and deployment of the SLG Opportunistic Debt Fund, and changes to dividend policies for common and preferred stock. Earnings release dates, conference call information and institutional investor conference details are regularly announced, giving context to SL Green’s financial performance and strategy. For anyone tracking SLG, this news feed provides a centralized view of the company’s property-level activity, leasing trends and financing decisions in Manhattan commercial real estate.
SL Green Realty Corp. has announced the launch of leasing for 7 Dey Street, a 34-story mixed-use tower in Lower Manhattan designed by FXCollaborative. This development includes 209 rental units and features world-class amenities, including a fitness center and co-working space. Located near the Fulton Transit Center, the building emphasizes modern living with oversized living rooms and stunning views. The property is part of the Affordable New York Housing Program and has utilized air rights purchased from the MTA. As of June 30, 2021, SL Green managed 77 buildings totaling 35.3 million square feet.
SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, declared a monthly dividend of $0.3033 per share, payable on September 15, 2021 to shareholders of record as of August 31, 2021. As of June 30, 2021, the company managed 77 buildings encompassing 35.3 million square feet, including ownership interests in 27.1 million square feet within Manhattan. SL Green is a fully integrated real estate investment trust focused on maximizing the value of Manhattan commercial properties.
SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, announced a monthly dividend of $0.3033 per share, payable on August 16, 2021. Shareholders of record as of July 30, 2021 will receive the dividend in cash. As of June 30, 2021, SL Green owns interests in 77 buildings totaling 35.3 million square feet, including 27.1 million square feet of Manhattan properties and 7.4 million square feet in secured debt and preferred equity investments. This dividend declaration reflects the company's ongoing commitment to returning value to shareholders.
SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, has sold a 49% interest in 220 East 42nd Street for $790.1 million, retaining a 51% stake. This transaction provided SL Green with net cash proceeds of $136.1 million. The building, known for its long-term leases and high occupancy rate of 93%, will continue generating stable cash flow for shareholders. SL Green's portfolio includes 77 buildings totaling 35.3 million square feet, showcasing a firm belief in the New York City market.
SL Green Realty Corp. (NYSE: SLG) reported a net income of $105.3 million, or $1.51 per share, for Q2 2021, up from $56.4 million, or $0.76 per share in Q2 2020. This includes gains of $108.3 million from property sales. Funds from operations (FFO) decreased to $1.60 per share, down from $1.70 per share a year prior. Manhattan office occupancy stood at 93.6%, with a significant leasing activity of 42 office leases. The company repurchased 4 million shares under its $3.5 billion buyback plan and closed several notable property transactions, reaffirming its market position.
SL Green Realty Corp has successfully closed a $3.0 billion 10-year fixed-rate financing for One Vanderbilt Avenue, marking the largest non-portfolio, single asset, single borrower CMBS securitization in history. This financing features a coupon rate of 2.855%, replacing a previous $1.75 billion construction loan. Currently, One Vanderbilt is 89% leased, housing prominent firms across finance, law, and real estate. This financing showcases the building's appeal and SL Green's strategic partnerships with leading financial institutions.
SL Green Realty Corp. (NYSE: SLG) will announce its Q2 2021 earnings on July 21, 2021, after market close. A conference call led by CEO Marc Holliday is scheduled for July 22, 2021, at 2:00 PM ET to discuss the results. Investors can find supplemental information on the company’s website. SL Green, Manhattan's largest office landlord, operates as a real estate investment trust, managing significant commercial properties in New York City, with 84 buildings totaling 37.8 million square feet as of March 31, 2021.
SL Green Realty Corp. (NYSE:SLG) has declared a monthly dividend of $0.3033 per share, payable on July 15, 2021, to shareholders of record by June 30, 2021. Additionally, the company declared a quarterly dividend of $0.40625 per share for its Series I Preferred Stock, also payable on July 15, 2021. SL Green is Manhattan's largest office landlord, managing 84 buildings totaling 37.8 million square feet as of March 31, 2021, focusing on maximizing the value of commercial properties.
SL Green Realty Corp. (NYSE: SLG) has announced that One Vanderbilt Avenue is now 89% leased following the signing of three new leases. A major lease of 97,652 square feet for 15 years was signed with a new tenant, boosting occupancy significantly. TD Securities expanded its lease by 24,020 square feet to occupy 142,892 square feet total. InTandem Capital Partners and Sagewind Capital expanded by 2,163 square feet. The building is on track to exceed a 90% leasing projection by year-end.
SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has declared a monthly dividend of $0.3033 per share, payable on June 15, 2021, to shareholders of record as of May 31, 2021. The company, focused on acquiring and managing Manhattan commercial properties, held interests in 84 buildings totaling 37.8 million square feet as of March 31, 2021.