We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Host Marriott Cp | NYSE:HMT | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From Jun 2019 to Jun 2024
By Stephen Nakrosis and Josh Beckerman
Real estate investment trust Host Hotels & Resorts Inc. (HST) said Monday it sold the New York Marriott Marquis retail, theater, and signage commercial condominium units to Vornado Realty Trust (VNO) for $442 million.
In 2012, Host Hotels and Vornado announced a redevelopment agreement for the retail space. Vornado said Monday that it previously owned a 54% stake and now holds 100%, and that the transaction satisfies a put/call arrangement.
Vornado's basis in the property totals about $663 million.
Host Hotels also closed on the sale of the W New York - Union Square hotel for a sale price of $171 million on Sept. 6.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com and Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
September 24, 2018 20:01 ET (00:01 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
1 Year Host Marriott Chart |
1 Month Host Marriott Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
