UPDATE 1-Vornado sells stake in New York retail venture for $1.2 bln

Vornado Realty Trust on Thursday sold a stake in a portfolio of prime New York retail properties along Fifth Avenue and Broadway in Times Square for about $1.2 billion in cash in a deal in which it retains majority control of the assets.

from Reuters: Company News https://reut.rs/2Dn68wP
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