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. reports developments tied to its role as a Manhattan-focused office real estate investment trust and landlord. News commonly covers office leasing activity across major New York properties, asset management assignments through Green Property Services, development and adaptive reuse projects such as One Madison Avenue, and portfolio exposure to office and select retail real estate.
Company updates also include dividend actions, credit facility refinancing, debt fund and capital-platform activity, operating and financial results, and governance or leadership changes. These announcements reflect SL Green’s recurring focus on leasing, financing, portfolio management, and shareholder distributions within the Manhattan commercial real estate market.
SL Green Realty Corp. (NYSE: SLG) announced its Annual Institutional Investor Conference set for December 7, 2020, starting at 10:00 AM ET. The event, led by key executives Marc Holliday, Andrew Mathias, and Matt DiLiberto, is invitation-only and will adhere to social distancing protocols. An audio webcast will be accessible for online listeners, with presentation materials available on SL Green's investor website. The company, as of September 30, 2020, operated 93 buildings totaling 40.6 million square feet, primarily focusing on Manhattan commercial real estate.
SL Green Realty Corp. (NYSE: SLG) reported a net income of $0.19 per share for Q3 2020, down from $0.40 in Q3 2019. Funds from Operations (FFO) remained stable at $1.75 per share. The company ended the quarter with $1.56 billion in liquidity and achieved a same-store cash NOI increase of 2.1%. SL Green signed 33 office leases totaling 187,469 square feet during the quarter. However, Manhattan same-store office occupancy dropped to 94.2%. The company also announced a new $600 million construction facility for a project anchored by Amazon.
SL Green Realty Corp. (NYSE:SLG), Manhattan's largest office landlord, has announced a monthly dividend of $0.295 per share, payable on November 16, 2020, to shareholders of record on October 30, 2020. As of September 30, 2020, SL Green held interests in 93 buildings totaling 40.6 million square feet, with ownership in 29.2 million square feet of Manhattan properties. The company focuses primarily on acquiring, managing, and maximizing the value of commercial properties in the region.
SL Green Realty Corp. (NYSE: SLG) has announced a new 10-year lease with Hodges Ward Elliott for 12,692 square feet at One Vanderbilt Avenue, marking a continued strong demand for this iconic skyscraper in East Midtown. The tower, which stands at 1,401 feet and is approximately 70% leased, offers cutting-edge amenities and technology. The building includes a 30,000-square-foot tenant-only amenity floor and will feature a new restaurant, ‘Le Pavillon,’ from renowned chef Daniel Boulud in early 2021. SL Green's investment in sustainability at One Vanderbilt totals $17 million.
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