Vornado Realty Trust Announces That Its 52% Owned Street Retail Joint Venture Has Entered Into An Agreement To Sell UNIQLO The Portion Of Its U.S. Flagship Store At 666 Fifth Avenue Owned By The Retail Joint Venture For $350M
Vornado Realty Trust Announces That Its 52% Owned Street Retail Joint Venture Has Entered Into An Agreement To Sell UNIQLO The Portion Of Its U.S. Flagship Store At 666 Fifth Avenue Owned By The Retail Joint Venture For $350M
Vornado Realty Trust (NYSE:VNO) announced today that its 52% owned street retail joint venture has entered into an agreement to sell UNIQLO the portion of its U.S. flagship store at 666 Fifth Avenue owned by the retail joint venture for $350 million. The joint venture owns the fee condominium interest in 17,295 square feet (6,477 square feet at grade) of UNIQLO's 90,732 square foot store. In conjunction with the closing, the pass-through leases between the office condominium owner and the retail joint venture will be terminated.
沃那多房信（纽交所：VNO）今天宣布，其持股52%的商业零售创业公司已与优衣库（UNIQLO）达成协议，卖出其在纽约第五大道666号旗舰店中所持有的部分股权，交易价格为3,500万美元。该创业公司所拥有的17,295平方英尺（其中在地面上的面积为6,477平方英尺）的面积为优衣库90,732平方英尺店铺的共管产权。在交易完成时，写入证书的租赁权将会被取消。
The joint venture will continue to own 23,832 square feet of retail space (7,416 square feet at grade) at 666 Fifth Avenue consisting of the Abercrombie & Fitch and Tissot stores.
创业公司将继续拥有位于纽约第五大道666号的23,832平方英尺的（其中在地面上的面积为7,416平方英尺）零售空间，包括Abercrombie & Fitch和Tissot店铺。
All of the estimated $340 million of net proceeds from the sale are expected to be used to partially repay Vornado's $390 million of preferred equity on the asset.
所有板块估计的3,400万美元的净收益将被用于部分偿还沃那多房信所持有的该资产3,900万美元的优先股权。