Vornado Raises $800M Property Fund

Vornado Realty Trust has closed its real estate investment fund with $250 million of additional commitments.

Vornado Realty Trust has closed its real estate investment fund with $250 million of additional commitments. The New York-based real estate investment trust has shut the Vornado Capital Partners, bringing the total to $800 million.

The fund is an exclusive investment vehicle for real estate and real estate-related investments that fit within the fund’s investment parameters. Vornado has added $200 million of the $800 million and serves as the general partner and investment manager of the vehicle.

Click here for the release from Business Wire.